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Topic: What will be the affect of Valentine day on Bitcoin Price - page 4. (Read 562 times)

hero member
Activity: 2086
Merit: 575
 Let me tell something that you have never considered before : Not everything has an affect on bitcoin price. I know its hard to consider for some people because they think bitcoin price is affected by almost every single thing on earth, but its really not. Same people came here talked about Corona virus and how it will affect bitcoin because China was a big player in bitcoin price bla bla bla, look at the price since the virus break out, it went up. So long story short there is nothing that affects bitcoin price, only people buying and people selling affects it and thats it, nothing else. Valentines day is not even that special, its not new years, its not christmas, its not chinese new year, its literally nothing regarding financial world.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..
Bitcoin and other cryptocurrencies has been positive this past few weeks, so valentines day don't have any reasons on the changes on bitcoin's price, that is why it is just a coincidence that bitcoin have increased it's price this Valentine's day. I also think that bitcoinnalways collows the same trend every year that really helps every trader to make a strategy in watching the market charts
newbie
Activity: 90
Merit: 0
I suppose it's just a coincidence. Or how can you explain the effect of this silly holiday on Bitcoin price? A lot of crypto-enthusiastics decide to give Bitcoin to their beloved instead of heart-shaped cards? What's about 2020 Valentine day, halving is soon.

Yes sir,  you are right. but i have read the article about the connection of bitcoin price with valentine's day, and thats why i wanted to know the thruth behind this article, that is why i have posted this question..

Here is the Article where it is explaining the effect of valentine's day on bitcoin price : https://www.cointelegraph.com/news/bitcoin-price-loves-valentines-day-as-historic-data-favors-bulls/amp

Can you please tell, can really valentine's day effect bitcoin price..
newbie
Activity: 90
Merit: 0
I suppose it's just a coincidence. Or how can you explain the effect of this silly holiday on Bitcoin price? A lot of crypto-enthusiastics decide to give Bitcoin to their beloved instead of heart-shaped cards? What's about 2020 Valentine day, halving is soon.

May be you are right but, 2020 valentine's day prediction - bullish by traditional markets analysts have extensively studied the day of the week effect as well as the effects that holidays such as valentine day has on the markets. In the case of stocks most studies identify abnornal returns occuring the day before the holiday rather than during the holiday or after..
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
What a stupid question! I just wait to see the question "how the sunrise affects Bitcoin price?".
It's really hard to understand that anyone who is seriously involved in Bitcoin would pose such a question or really think there is any connection between Bitcoin price and Valente's day. This makes me laugh.
jr. member
Activity: 147
Merit: 6
I suppose it's just a coincidence. Or how can you explain the effect of this silly holiday on Bitcoin price? A lot of crypto-enthusiastics decide to give Bitcoin to their beloved instead of heart-shaped cards? What's about 2020 Valentine day, halving is soon.
newbie
Activity: 90
Merit: 0
Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..
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