Post
Topic
Board Speculation
Re: Bitcoin still looking bearish during the holidays
by
bitcoindata21
on 30/12/2022, 16:56:19 UTC
This behavior is expected, it is normal for whales to try to push the price down to get Bitcoin at the lowest prices, especially during the festive period when the movement is almost at a standstill.

But the question is how far will they continue to push the price down? This is not clear.

In any case, for the long-term investor, this is not important because he set a goal and will not sell before achieving the goal. As for the speculator, he must be careful and stay away from the market in the current period, at least until the beginning of the new year, when some movement is expected in the market.

I am a long term investor, but i speculate aswell to maximise my accumulation. I'm sure there are many like me, not everyone being either an investor or trader only.