Author

Topic: Bitcoin (Read 156 times)

hero member
Activity: 3052
Merit: 651
December 16, 2020, 12:15:16 PM
#7
5K April
12k Aug
18k November

So, it was not just December where Bitcoin is volatile.
Consider it for the whole year.
December is just too much discussed because of the ATH last 2017 and also that is where the highest price lands. Just like now.
If it's only one month where it would move a lot then traders won't have a hard time predicting and speculating the whole 11 months.  Cheesy


legendary
Activity: 1862
Merit: 1046
December 16, 2020, 08:47:02 AM
#6
Why bitcoin is volatile in December?
 

I think the Bitcoin and other cryptocurrency were all volatile not just in December but ever since. As you can see we all have decentralized exchange and anyone can price their Bitcoin probably you are new to cryptocurrency but all coins were all volatile ever since.
sr. member
Activity: 1484
Merit: 253
December 16, 2020, 07:22:47 AM
#5
Why bitcoin is volatile in December?
 


I don't see any signs that it's going to be volatile this month but there's an expected dump but eventually more buyers take that good chance. Fluctuations could possibly happen due to resistance, then demand will follow when there's no panic sellers arise. Though it's unavoidable, small quantities won't really affect btc value.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 16, 2020, 03:03:25 AM
#4
Why bitcoin is volatile in December?
Bitcoin is used to be volatile ever since it has been made. The likely that we're getting just like in 2017 is just a mere coincidence. Read the explanation of people on this thread[1].
[1] Why Christmas
You'll get ideas why we're having this bull run this month. Last year, we got almost the same bull run it didn't closed $12k-$13k and that happened on June/July IIRC.
legendary
Activity: 1904
Merit: 1277
December 15, 2020, 08:25:24 AM
#3
Why bitcoin is volatile in December?

It's not. It make appear to be volatile if you are only looking at the last couple of weeks (1st image)... but this is nothing in historic terms. Basically the price has risen significantly over the last couple of months. Once it got into ATH territory, there was a pullback, followed by a small increase back towards ATH again. If we look longer term, and on a logarithmic scale (2nd image) so that we can see volatility at lower price points, then December 2020 looks quite stable.





mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
December 14, 2020, 11:10:13 PM
#2
Volatile in December? You mean more of like since forever?
newbie
Activity: 69
Merit: 0
December 14, 2020, 11:04:32 PM
#1
Why bitcoin is volatile in December?
 
Jump to: