Post
Topic
Board Bitcoin Discussion
Re: Could this be a frequent end of year package, a window to buy Bitcoin or Not?
by
Aanuoluwatofunmi
on 09/08/2023, 19:21:16 UTC
With my little experience in Bitcoin I've discovered over a range of 2 consecutive years precisely 2021 and 2022 that as we approach end of year the price of Bitcoin falls tremendously
Please why is this and could it be that the digital currency is likely wanting to create a window for people to make use of the opportunity for other investors or what?

Remember that we are dealing with a volatile cryptocurrency, there's no specific time, month or period for the currency to rise or fall, if not people will have a particular day or month they will target to buy or sell when the price dump or pump, we only work by some statistics from previous years experience and compare them to current market price, we also work by the halving period where bitcoin rises and bullrun occurs, nothing aside this than the major demands and supplies for the market to rise or fall which could actually happened at any giving time, which means bitcoin has no specific pump or dump period, we get notified through speculations using different parameters to predict what may come next, but not everything is always accurate sometimes.