Topic: December is underperforming dramatically (Read 48 times)

Who knows what will happen next week? It might go up or down. How could we know?

Don’t try to time the markets it is pointless. Keep DCA’ing and you’ll be on the top in the long run. If you play the long/short game you’ll be the loser for sure because the house always wins. If you buy regularly and hodl, that means you are the house now and just as I said, you can’t lose anymore if you wait long enough.

I think December is expexted to pull back a little and do some retracement cause its too much movement upward plus its Christmas and New Year everyone expected to spend a lot during Holidays for celebration and this is inevitable and tendency is people might do some cash out instead of buying off the market. But January is a start so expect some gradual change for this market down trend.

After such a great advancement in November, imho December was not bad at all.


I am no expert, but my expectations are that the market will start moving properly only after the Chinese New Year.
So for next weeks I expect no big movements.

kinda expected for this retracement after hitting ATH, market can't go up forever and this monthly price growth doesn't make sense because if you see yearly growth BTC has been doing pretty well.
thing is, BTC can grow as much as it can in one month and when next month retracement happen this monthly growth data will record minus gain, so it's irrelevant in my opinion.

regardless, I think next week we will be doing pretty well, the retracement can't go on forever, we doesn't have any sign of shifting into bearish either, we're likely already touched the bottom, but things can still be pretty wild so be aware of the drawdown.
I'm thinking of making some accumulation right now, but I know very well, that I can still be having unrealized lose in my PnL if i invest now since market is still unclear.

Well, this market wont be called unpredictable if it was that predictable at all.  . Yes we can be able to compare into those numbers basing up into those older or previous cycles on which we can say that year end is something that gives out that kind of gain. Come in mind that these are the months that it could be having some pump or some holiday sell off and thats why numbers arent something that could be fixed or something that will be that the same on every year or every cycle. Thing here is that you should really just that go with the flow and wont really be that become impulsive on whatever investment decisions that you will be making. You will be definitely be finding yourself having some issues if you cant be able to control up your emotions well. Trying to compare out previous analysis and numbers isnt that a bad approach either or something that a casual analysis that we do make.

If it was underperforming for this year end then we might be seeing some another potential different situation on this upcoming new year and since considering that we are already heading for the bull run season then this is where exciting things do really tend to happen. So it will really be that situational into this aspect on which we know that its really that totally unpredictable on where prices will be end up. There are indeed some analysis on this 31 or 3 on next year but just we do all know that there's no assurance into this aspect. So positions be made will really be that in accordance into your risks management.

https://www.coinglass.com/today

Based on the charts here, December so far is really bad.

2016: The Nov (+5%) to Dec (+30%) sequential acceleration was +25pts.

2020: The Nov (+42%) to Dec (+47%) sequential acceleration was +5pts.

2024: The Nov (+37%) to Dec (-1%) sequential deceleration is a whopping -38pts.

One can argue that perhaps it’s due to the strong YTD performance in 2024 (which I can’t compare easily to 2020 and 2016 on these charts, but I’m pretty sure that’s true).

However, with all that said, what are your thoughts for next week? Either for 12/31 or 1/3?