Hi folks,
It will probably not be a very popular thread but I'll go for it.
We noticed several times now that Bitcoin has a strange tendancy to go down in January, pretty much every year. It was definitely the case in 2018 (happy new year by the way).
Context is very different in 2019, but we had similar cases, for example a crash in January 2015 >
https://www.cnbc.com/2015/01/14/bitcoin-falls-below-200-making-some-investors-worry-about-downward-spiral.htmlI know many don't want to hear that but just curious, it could very well happen again. Some say this is due to Chinese new year (people cashing out to buy again in March or April). I am not sure but I am curious if it happens again this year, we could go back to a price near $3000 per coin.
Just some thoughts, perhaps some of you are anticipating such trend again.
Any constructive opinion welcome.
This year will be different mark my words. Bitcoin is going to makes a significant move this year and I believe that those that buy bitcoin this January should expect significant profits by the end of the year or second quarter of next year. Cryptocurrencies market look so bullish this year as many investors are trying to come into the market. I seriously believe that those that think they have lose last year are going to smile this year if they can be holding.