Re: Don't let the holiday catch you - if you are a day trader.
Why the cryptocurrency market always go down during the holidays? even the smaller ones like Easter?
I noticed many times in the past the crypto market normally goes down when people are on holidays from Christmas to Eid-mubarak.
Just noticed the market also relaxed during the smaller holidays like Easter, Diwali (a bit) and Maulud. but not on the valatine's day - lol!
Well, the market started recovering from the Easter holidays today and it appears the bitcoin is heading to another milestone, which is very nice.
What is your take on this matter? Feel free to share views with us here... thanks
I think that is a normal thing. Everyone would like to take a break during the holidays, it happens everywhere , so you should also expect the prices of stocks and assets to drop during times like this. After the holidays the price has started to go up again and I can see that it has already reached $5,700 and we are likely to reach $6000 before the end of this month, May. I usually read Cointelegraph's top 10 review and from what I have seen, based in their analysis, theres likely to be a bull run.I noticed many times in the past the crypto market normally goes down when people are on holidays from Christmas to Eid-mubarak.
Just noticed the market also relaxed during the smaller holidays like Easter, Diwali (a bit) and Maulud. but not on the valatine's day - lol!
Well, the market started recovering from the Easter holidays today and it appears the bitcoin is heading to another milestone, which is very nice.
What is your take on this matter? Feel free to share views with us here... thanks