If anything, had I ever earned bonuses, I'd be buying more Bitcoin, instead of selling. More Bitcoiners outside Western Europe and North America too, who perhaps don't spend as much this particular season?
exactly this. i think OP is only speculating not explaining what HE is about to do. and this seems to be a common speculation which is always proven wrong but they keep repeating it next time.
the fact is people get bonuses and use that to to their purchases and if they are left with additional money they will invest in it bitcoin not the other way around.
I mean, sure, even I will probably spend a little bit more Bitcoin than usual, gifts and holidays so travel will be significant expenditure, that sort of thing. But I'm earning in Bitcoin, so it's just typical extra spending. Anyone not earning in Bitcoin would probably want to use up cash first, Bitcoin later. And that goes with any expenditure pattern. So yes, increased spending end of year, but most of that will be in fiat and cash. If there's any rise in Bitcoin spending, it'll only rise in tandem with cash.