Quote from: owengtam09 on December 27, 2019, 08:51:56 AM

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.

Source link here

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 of 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.

I didn't expect more from bitcoin this year, even though every end of the year has happenings. At this time, I don't see something will happen special. It is just a normal end of the year for bitcoin I guess. The price now is getting lower because of holidays and that's what I observe every end of the year

Yes this year is no different as we have always witnessed price dump during the end of the year owing to holiday season but there are users who always expect a bull run every December. The year 2020 will bring a change to Bitcoin for sure due to halving. We need to stop expecting a bull run anytime sooner.