It will probably not be a very popular thread but I'll go for it.
We noticed several times now that Bitcoin has a strange tendancy to go down in January, pretty much every year. It was definitely the case in 2018 (happy new year by the way).
Context is very different in 2019, but we had similar cases, for example a crash in January 2015 > https://www.cnbc.com/2015/01/14/bitcoin-falls-below-200-making-some-investors-worry-about-downward-spiral.html
I know many don't want to hear that but just curious, it could very well happen again. Some say this is due to Chinese new year (people cashing out to buy again in March or April). I am not sure but I am curious if it happens again this year, we could go back to a price near $3000 per coin.
Just some thoughts, perhaps some of you are anticipating such trend again.
Any constructive opinion welcome.
Okay, would you say the same for stock markets that were performing badly in 2018? And why would anyone choose to invest with targets to sell during events like this? It’s not making any sense. Prices are down, yes, but that’s one thing we can’t really explain, but there are still some good reasons that has been stated out, and not things like this.