Post
Topic
Board Bitcoin Discussion
Re: December Has always Proved to Be a Good Month For Cryptocurrency industry
by
buwaytress
on 01/12/2022, 18:42:17 UTC
^^ Franky, every day's closing price summed then / 365 is more "acceptable" of average yearly price, no? But ain't nobody got time for that!

Hihi, I remember all these posts:
- October has been bad for Bitcoin only in two years, always positive in double digits, we're going to have a huge bull run
- November has been positive for Bitcoin 6 to 3, expect a bull run, the last ATH was in November
 - And now it's December time, we had an ATH at that time in December 5 years ago, certainly bullish
The way some cherry-pick both data and memories is quite entertaining.

Ha nice catch on newbie of the year, enter the nominations!

I remember circa the same time also festive periods were good for Bitcoin. Christmas shopping, and then Lunar New Year after that supposedly bringing out the happy Chinese... though it never made sense to me as you'd be selling Bitcoin to buy people presents more than anything.

The Hindu and Muslim calendar traders probably also going crazy for different lunar/sun cycles.