Post
Topic
Board Bitcoin Discussion
Re: December Has always Proved to Be a Good Month For Cryptocurrency industry
by
Cryptmuster
on 24/12/2022, 08:42:23 UTC
Relying on last year's chart or previous years' history to make predictions for bitcoin is not enough. Last December, we were in the bull season, so the bitcoin price increase was obvious. But this year, we are in bear season, and the economic crisis is a huge problem, so predicting the same months is entirely inaccurate. OP, you need to give your analysis instead of just a vague prediction, the market doesn't move in such an easily predictable way.

You can try to find some patterns with past years, but for this statistic to work, you need a lot of data, bitcoin is a relatively young asset, and I don’t know how good this idea is. I looked at the table where the statistics were given for months, but it didn’t give me anything, I didn’t find any regularity in this, each time it can be a different value. It is necessary to proceed from the situation on the market, this will be the highest quality analysis.