December Has always Proved to Be a Good Month For Cryptocurrency industry - page 4.

Husires

legendary

Activity: 1582

Merit: 1284

I expected you to present some charts or arguments to confirm your hypothesis, which is that December and in the first quarter of the new year represent the beginning of a freshness of the price.

I can repeat what I previously published regarding my analysis of this month:

Federal meeting.
OPEC+ meeting.
China COVID-19 locks.
More bankruptcies related to FTX.
Holiday season, many people will go home.

So no, this December will not be a Good Month

rat03gopoh

hero member

Activity: 2002

Merit: 633

Your keys, your responsibility

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

We know that we cannot speculate Bitcoin price

Go to this board^[1] to find new thoughts, people are speculating bitcoin price every day without limits.

Quote from: Lucius on December 01, 2022, 06:54:27 AM

@fennic, Alt accounts on the forum are not prohibited, but from the style of writing, it seems to me that the OP is your alt account, and in addition, sharing merits between alt accounts is not something that is looked upon in good faith. If anyone wonders why I concluded that it is about alt accounts - the style of writing random words with a capital letter is more than evident + a fast reply in 3 minutes.

My feelings are the same as yours
They both know everything Grin

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

I know I am not pro or old here but I know little bit.

Quote from: fennic on December 01, 2022, 06:00:04 AM

I know that ...

Quote from: ?? on ??

I know ...

Quote from: fennic on November 29, 2022, 08:46:23 AM

Hi guys I know that ....

Quote from: fennic on November 29, 2022, 08:34:48 AM

Hi guys I know that ...

m2017

legendary

Activity: 1792

Merit: 1296

keep walking, Johnnie

Quote from: mk4 on December 01, 2022, 06:03:51 AM

Something something past performance is not indicative of future results. Also, December of 2021 was a down month. Pretty much only 2020 was the only good December concerning price since the past few years.

Even if OP's words turned out to be true and every December would be good for the crypto-currency industry, this would not mean that this month would be successful and all subsequent ones would be the same. I've always been amused by these coffee-ground predictions, trying to find connections where there aren't any. At the moment, the entire crypto industry is experiencing very tense moments in connection with the history in the FTX. It is naive to believe that after a short period of time, after these events, the industry will recover and show growth. This December will definitely not fall into the Good Month.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash.
We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky.
That's Why Do your own research before putting money.

I would say just small rally, specially weeks before Christmas, maybe it's because people are buying as they are getting their bonus check. Or just pure manipulation from behind because after a spike, the price will go down again specially in the bear market.

But right now, the surge could have been due to Jerome Powell who spoke from Washington regarding Fed's next plan, a self-imposed blackout period starting December 3.

You can reach his speech here.

https://www.federalreserve.gov/newsevents/speech/powell20221130a.htm

Aanuoluwatofunmi

sr. member

Activity: 532

Merit: 390

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash.

I don't know where you got all these your thesis from but i can bet you they aren't valid enough, who told you that come may next year there's going to be a bitcoin crash? We ain't done with the last Q4 of this year yet and anything nee can still come up with price, pls don't get others to misleading information and do your own research well.

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky.

You can speculate on bitcoin price, we have the chart, weekly candle, history, market cap, market volume and many other factors as parameters for speculations.

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

That's Why Do your own research before putting money.

Part of the research which you do is speculation.

OcTradism

hero member

Activity: 1722

Merit: 801

December is not always green and it is not a greenest month for Bitcoin.

Cryptorank.io has a crack-down table for monthy and quarterly returns for Bitcoin. If you see both tables, you will realize that you wrote an incorrect information.

Bitcoin market is within a bearish period that gives us a long time to accumulate it and DCA. I don't mind that December is a best or worst month for Bitcoin in its history. I pay my attention on a next halving and I noted the Bitcoin BlockHalf Countdown website. In its estimation, there are about 500 more days till 2024 halving.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

@fennic, Alt accounts on the forum are not prohibited, but from the style of writing, it seems to me that the OP is your alt account, and in addition, sharing merits between alt accounts is not something that is looked upon in good faith. If anyone wonders why I concluded that it is about alt accounts - the style of writing random words with a capital letter is more than evident + a fast reply in 3 minutes.

December was not always a good month for Bitcoin, some just believe that there is a Santa Claus and that he will bring them an unexpected gift in the form of a big bull run - something like that this year is astronomically far from reality.

SeeBiscuit

full member

Activity: 196

Merit: 107

While the optimistic tone is always nice, a major turn of events happened in many investors lives. All of this was only a month ago, so December may not show as strong of a recovery as you want. Don’t worry about price right now since many people are saying we are in bottom territory. Just buy sats in bulks of a few million a week. 100 million sats is one bitcoin. It gets less scary when looking at it from 16k instead of 69k.

Iroh

sr. member

Activity: 616

Merit: 274

Not really… You’re factually incorrect as December hasn’t always been proven to be a good month for the cryptocurrency industry. And even if it were so(which it’s not), we shouldn’t predict the market on past behaviors as it is unpredictable as well as volatile.

While I’m being optimistic about the rise of the price of bitcoin as it’s now gradually rising, I’m also being realistic knowing that there could be a change at any moment.
Hopefully, we’ll continue to see the upward trend in the movement of the price of bitcoin as adoption rate increases.

gunhell16

sr. member

Activity: 1666

Merit: 453

If what you are saying is that every time the month of December comes, the price value of Bitcoin always increases somehow, something that I have also noticed. That's why it's hard to predict how much bitcoin can raise this whole December dude.

We know Bitcoin many times that it suddenly moves unexpectedly that we are suddenly happy because of its kicking and suddenly the value falls which also causes others to worry to sell because of fear, these are the scenario that we always face with every movement of bitcoin because of its volatility that is always shown in the market.

DdmrDdmr

legendary

Activity: 2310

Merit: 10758

There are lies, damned lies and statistics. MTwain

Looking over the uncontextualized data, price has a good behaviour on only one out of the past four Decembers, being December 2020 structural the path to the subsequent 2021 ATH:

Neverthless, I get the feeling that looking over the past monthly aggregate data does not really point to future trends for a given month, and that we’re much more prone to sway, in price in terms, to the tune of the large fundamentals that occur, which are mostly unpredictable.

fuguebtc

hero member

Activity: 1750

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: classicman1 on December 01, 2022, 05:36:15 AM

I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash.
We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky.
That's Why Do your own research before putting money.

Hum you might be right but we cannot take any kind of risks that could be the dangerous for us. Now a days Btc in Bear market and anything could happen like Terra Luna crash and also FTX Collapse and I think in near future Ethereum Or BNB might Crash to take down whole Market and it will be disaster.

Luna or FTX crash doesn't mean ETH or BNB will crash, they are entirely different. In this case, it should also be taken into account that BTC will crash, as there is no guarantee that bitcoin will never crash.

The 36k target is extremely high expectations for bitcoin before the end of the year. I don't predict what bitcoin will look like this December as the market situation is not getting any better. We just took one small step forward and this also happened in November, we had a great start to November but everything after that...

mk4

legendary

Activity: 2716

Merit: 3817

Paldo.io 🤖

Something something past performance is not indicative of future results. Also, December of 2021 was a down month. Pretty much only 2020 was the only good December concerning price since the past few years.

classicman1

newbie

Activity: 2

Merit: 4

I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash.
We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky.
That's Why Do your own research before putting money.

Topic: December Has always Proved to Be a Good Month For Cryptocurrency industry - page 4. (Read 566 times)