Quote from: cheezcarls on December 18, 2019, 04:59:02 PM

The last few Decembers have been significant for the Bitcoin market. While the final months of the year are typically associated with major price moves in the market, the last two years have seen their own, albeit very different, fireworks.

As pointed out by cryptocurrency analyst The Moon (@themooncarl), two years ago, the price of Bitcoin hit its current all-time high. The bull run that would take Bitcoin from sub $1,000 at the start of 2017 to just under $20,000 peaked on December 16, 2017.

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I would definitely expect that Bitcoin's price may go even lower after the time of this writing.

There will be some Bitcoin holders out there who are cashing out in preparation for Christmas Day.

2017 was great, last year was bad. This year, I cannot conclude that yet because the price comparison from last December to this year, it has more than double in value.

2019 isn't over yet, anything can happen. Either it would bottom to $6k or pump a bit above $7k only. Just my own thoughts guys.

If we compare the market price movements two years ago with now there is clearly a big difference, but the fact is true as you said before there will be a decline in market prices because most people will choose to sell bitcoin to be converted into cash because there will be a Christmas celebration, and that always happen every year. but usually after that, market prices will rise a bit, and I also predict bitcoin prices will be in the range of $ 8000 until the end of this year