Quote from: Barbarian on October 17, 2018, 03:16:41 AM

Quote from: jonathan6655321 on September 30, 2018, 10:26:59 PM

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 it is true, this has happened several years in a row and it is a very interesting thing to watch in the market of cryptocurrencies, however this is not a behavior that is completely out of place, there are many commodities that follow very similar patterns and that have a tendency to rise at a particular quarter of the year.

No it is not true. Just one year in the last 9 years the price raised and people expect that now the price will rise every year. In the previous year the demand was very high because that was the start of growth of bitcoin and people invested lots of money in biotin to earn big money in the future. The price was temporarily raised due to high demand and was collapsed in the first quarter of next year.