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Topic: Are we waiting for the crypto christmas gifts(new highs) (Read 172 times)

sr. member
Activity: 1848
Merit: 341
Duelbits.com
Christmas is a few days away, hopefully we'll see some signs of an uptick. Even though it's actually at the moment of Christmas celebrations and spending will increase. So that the withdrawal fees for crypto users make withdrawals when they get a chance to sell. That's why because of Christmas we usually always prepare sales for a few days. There is no major impact on crypto prices.
member
Activity: 414
Merit: 23
It all depends on how trading is going on in the market so that we can see the determination of the highs and lows. If in investing you only think about the month, then you will lose a lot of money in my opinion.
Crypto in December last year will definitely be different from December this year because each crypto has a high or low price regardless of a moment.
hero member
Activity: 2604
Merit: 816
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Is that about your prediction? Hopefully, that can happen around Christmas because if that really comes to us, then we will celebrate our newest ATH at that time and we can use the profit to enjoy our time with family. That is speculation that we do not know whether it will happen or not because crypto is now becoming wild and it is hard to predict or know where the price wants to go. The bitcoin movement is not the same as what we saw in previous years but we can hope that this end of the year can bring some new hope to us to make a profit.
member
Activity: 1162
Merit: 58
I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh
it may a thing or speculative who knows ?


though you are right that mostly in CHristmas there is a increase but this is not constant as there are some years that even December brings the market a failed expectation .

Ahead of Christmas and the new year, the crypto market is a little excited. The holidays make the cryptocurrency movement a little better, The experience of the past few years will be repeated at the end of this year. 2021 has been a beautiful year for cryptocurrency, will further strengthen speculation about the year-end hype. I think the cryptocurrency market still looks positive, the trend will show good performance until the end of January.
but there are FUD recently and that affect the whole market.
legendary
Activity: 3808
Merit: 1723
It’s hard to tell what can happen. Usually there is less trading going on closer and closer to the holidays. And I don’t think crypto is going to go anywhere unless stock markets find some support somewhere. Currently there are many traders which are losing tons of money and getting margin called.

Since Bitcoin is correlated then it usually leads to a sell off in crypto assets also. So unless we got some confirmation that tapering is post poned or that Omnicon variant is nothing to worry about , then we will either keep dropping or trading sideways.
legendary
Activity: 3038
Merit: 1024
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I have a look that around christmas crypto have new highs Huh Huh
The history said that if the big day will always become the day for people to sell their cryptos. It may possible if bitcoin can break 50k resistance again as it's traded at the bottom price right now. I hope that a miracle will come soon and what you have been dreaming will come true about the new high will come this month but I can't expect it to happen easily as the big dump has been making people to scared with the market.
Is this is a speculation that im overthinking or it is a thing Huh Huh
It's a speculation that you're overthinking about that but this is crypto when the price was just like a roller coaster. it can to down and up easily without any notice.
It takes only a few minutes to make the price to go up or down so fast. I hope that will come true but none knows for sure.
legendary
Activity: 3080
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With what is happening today, looks like this month would not be what we are expecting.

We tally the biggest dump today in the past few months, so definitely it's not a good sign for a Merry Christmas for investors.
Maybe for those who are waiting for a huge dump, they'll Christmas will be merrier as they could buy bitcoin at a sale.

hero member
Activity: 1372
Merit: 500
Ahead of Christmas and the new year, the crypto market is a little excited. The holidays make the cryptocurrency movement a little better, The experience of the past few years will be repeated at the end of this year. 2021 has been a beautiful year for cryptocurrency, will further strengthen speculation about the year-end hype. I think the cryptocurrency market still looks positive, the trend will show good performance until the end of January.
sr. member
Activity: 2506
Merit: 368
Nobody can tell but I'm sure Bitcoin and altcoins won't be the same in terms of price although some altcoins might follow wherever Bitcoin price go. Most of the time Bitcoin price at December would go down since it's known that most people would cash out during the holiday. So, I would expect that half of the people would be buying and the other half would be selling despite of price difference.

I'm not sure if most people learn from their mistakes in the past so time will tell. Most people including me is hoping that Bitcoin price would break the $70k resistance straight to $100k before the year end. If this year is not enough I hope next year it will or so.
sr. member
Activity: 1988
Merit: 275
Well many crypto investors and traders marked december as the best month ever in crypto, its sort of in limbo now as price doesn't move up or down. it sort of stucked. But I personally feel like we are still in bull market and trend will point all time high before this year ends.

Crypto market is unpredictable and we can't compare it with the previous years because the adoption is different today. But for the sake of comparison purposes, one can always refer to the performance of previous years but don't take it as the ultimate reference because it is not. We may or may not see another ATH, but what bitcoin did so far is already great as we have seen new ATH prices only this year.
hero member
Activity: 2156
Merit: 531
It is not going to happen, probably reverse psychology will work sooner than expected. Hopefully, BTC price will not drop below the minimum possible level around $30k, otherwise, we are all happy with the current market price, in my opinion.
I also didn't think it would happen but I don't think bitcoin will go drop to that level 30K ! maybe still above 50K for this end year hopefully ! I still hope the bitcoin price is higher than it is now in new year

on other altcoin "crypto" maybe price for high profits in Christmas and New Year later for example in the metaverse project rmrk or other maybe ?
hero member
Activity: 1974
Merit: 502
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I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh

That's normal that we have to overthink when it's Christmas season, hopefully great highs wi happen but as I've seen the market recently most altcoins go down in liu with btc and other following coins.
Unpredictable situations might be an intense scenario to focus on, and based with my current holding I also felt unstable seeing them go with dip again.
hero member
Activity: 1526
Merit: 597
That would also mean that the whales decide to play Santa Clause, but I doubt that will be the case. Momentum does mostly not come from nowhere. Why would it even be the case that more people trade at Christmas with a positive sentiment than at other times? We could also assume that in January 2022 it will be the same as in January 2018 Wink Wouldn't be that much fun hm?
sr. member
Activity: 2016
Merit: 283
I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh
it's possible because indeed most of the results when it's Christmas time is almost positive wherein somehow market is red but usually its always green as well. . So it's not surprising to be honest, especially nowadays that there's a bunch of analyst thinking that there will be a good out come before this year end despite of the situation of the market.. So it's not bad to expect good performance probably, even during Christmas or before this year end because that's what others speculation as well.
legendary
Activity: 2436
Merit: 1366
Well many crypto investors and traders marked december as the best month ever in crypto, its sort of in limbo now as price doesn't move up or down. it sort of stucked. But I personally feel like we are still in bull market and trend will point all time high before this year ends.
legendary
Activity: 3780
Merit: 1418
I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh

Past results don't equal future expectations especially when you are just talking about months and if crypto is up or down.  4 years ago what happened in decker has zero to do with what will happen in December of 2021.  Don't invest like that or you are gonna get drained of your sats.
full member
Activity: 1204
Merit: 102
there is still a possibility for that, because in recent weeks the big cryptos like bitcoin, ethereum, bnb could maintain their price. This provides a positive psychology for the market. people still believe that the bull run is extended, and many think the current situation is just a momentary correction before starting the rally again. judging by the latest news over the past month, nothing could cause the market to crash. this adds to the confidence of investors and traders. and we will most likely see another ATH later this year.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
It does not rule out the possibility, the ark of holidays for repairing will clearly be an important moment to give special gifts. This also applies to Christmas in Crypto, there will be a lot of surprises awaiting. Along with the night of the new year's turn there will always be many moment that has been prepared. Is it wrong for us to wait? Let's witness, what gifts like we can see later for Cryptocurrency.
hero member
Activity: 3066
Merit: 629
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I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh
Everybody is thinking that by Christmas or the end of this year, we're going to have a very Merry Christmas and Happy new year. It is because most of the speculations are with the highest that we can ever think of. But who knows what's with that and we don't know what awaits the end of the year. We're all hoping that the market will be more than what it is right now and bitcoin will be going with another all time high. Because if it goes, the alts market will be doing the same.
jr. member
Activity: 41
Merit: 1
I have a look that around christmas crypto have new highs Huh Huh


Is this is a speculation that im overthinking or it is a thing Huh Huh
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