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.
It will be difficult or its too early to tell what's gonna happen to its bitcoin price value. I remembered that last 2018 it was tackled about what's the price could be reach by bitcoin, and many guessed it mostly of course in good price but it never happen until 2018 ended up even up to the present still the same. So the better things we should do for now while waiting is be a bullish for a moment.