Quote from: KingsDen on Today at 07:43:07 AM

The few Christmas I witnessed in this forum(2021 and 2022), there's one thing that is common among them and that is price decrease in the Christmas day. I understood that it is because of some sell pressure by people who wants to enjoy their Christmas day with friends and loved ones. Currently, the reduction in price during yesterday Christmas was expected but it was moderate as the bitcoin price is currently still in the range of $$42, slightly off the $43 range.

If this Christmas didn't reduce the bitcoin price much, it shows that the bullish market is very much around. This is another evidence. Meanwhile, I will go and check what really happened the past years after the Christmas day. It can give me the clue of what I will be expecting this time.

Not only during the Christmas period, there is a decrease in prices in Consumer Behavior, this is also seen during holidays, especially Saturdays and Sundays. Some of them will sell a number of bitcoins to meet their shopping needs and enjoy a relaxing week with family and friends, although on the other hand it also has an impact on the market, causing a little pressure and I think currently this is not too much of a problem if we pay attention.

For long-term purchases, a decline is a good decision, but we have to make sure by looking at the existing data so that when we buy there won't be another decline after the decline with tips, combining several tools will give us the best signal with less risk. This means that we will easily know the direction of the next market trend and prepare to accumulate it again.