Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.
But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?
Actually I think the reason for Bitcoin price increases in the end of the year is its the time that people choose to sell their coins because they want to have money before the year ends. There are lots of money we need in the month of december because its christmas and we celebrate it in a long season. And it is also a year were lots of projects closes their target market that is why the price of bitxoin suddenly rise.
Actually bitcoin price will increase its value because people will buy bitcoin during their bitcoin specially when they travel because there are lots of people optedt to use bitcoins when traveling rather than bringing dollars or fiat currency and besides the are lots of countries accepted bitcoin.