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Topic: What is the reason for Bitcoin's price increase in the end of the year? - page 6. (Read 2059 times)

full member
Activity: 504
Merit: 102
Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

That would not always happen. Since a lot of people may think of that way then some of the whales wouldn't make that happen because a lot of people like you would have bought Bitcoin before the end of the year and hoping for it to go up. Whales are just going to wait you out to sell all of your holdings and will surely they would pump it after that.
newbie
Activity: 67
Merit: 0
Maybe because at the end of the year people finished most of their expenses and have some spare money to invest and they choose cryptocurrencies. Last year it was too overhyped.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Bitcoin got super hyped at pretty much almost everywhere. Random people knew about them, bitcoin was in the news frequently, etc. I've read some articles that say that even some grandparents are buying bitcoin because of the hype. It was pretty much a reverse domino effect.

Not because it happened at the end of 2017 it doesn't automatically meant he same will happen this year. Is it impossible though? Of course not.
newbie
Activity: 322
Merit: 0
Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?
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