Is it true that the market usually rises before the end of the year?
If so, why do you think it happens?
I spoke with few people that already said that in the last 5 years the market became really bulish
Yes, many people receive some money before the year ends and some would just like to invest it into something. Due to the trend of the past years, many are anticipating that it would happen again this year that's why when the year end approaches, price is slowly rising. We are still unsure if that will happen again this year given the state of the market but if it will happen then better start buying more coins so that you can have more profit in the months to come but still have risk management.
It is quite true, the market history acknowledge the happenings of bull run appear every end of the year. But as year had passed, the rescent scenario was taking different perspection on dealing the circumstances and the prices is quickly moving. No one can forsee the state, just be positive and optimistic that bullish will accurately happen soon.
Think that like you everyone think about market movement to be same like last year then no one will try to buy now but will just wait for the price to move high so that they can sell. Then who are going to buy in high price. I think this year it wont happen as 80% of them are expecting last year situation and no new investor want to invest, so the max it can go is 10000 usd as we can see selling pressure build near that .