Post
Topic
Board Speculation
Re: Christmas and the year end holidays
by
hatshepsut93
on 13/12/2018, 05:47:35 UTC
in a few days again, we will meet with the year end holidays and Christmas.

I talk about crypto users, especially about those who still hold BTC assets.
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.

No, it's not, whenever something like that happens, it's just a coincidence. There's no mechanism that would consistently lead to such price movements, the price is driven by traders, and traders absolutely don't need to sell their assets in order to buy presents for holidays, lol. With Bitcoin, it's better to ignore all the "logical" price patters, Bitcoin price movements are very unpredictable, sometimes you just wake up and see a 20% change and people just can't cope with it, so they start inventing explanations.