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Topic: Why does Bitcoin seem to always rally in December? - page 3. (Read 918 times)

full member
Activity: 532
Merit: 100
At the middle of 2018 year I think last December bitcoin or altcoin will be higher price, but its not for this December of year where bitcoin or altcoin still at lower price.
sr. member
Activity: 756
Merit: 250
At the moment I am very worried about the price of Bitcoin, very worried if Bitcoin next year will experience a very drastic price decline, because that can happen, because no one can predict the price for now. Hopefully by the beginning of 2019 the price will be green and so on.
rest assured that in the next year bitcoin will not be like this in 2018, most people hope that in 2019 bitcoin will grow slowly and the price will start to rise. just need to be patient and wait until what will happen.
jr. member
Activity: 336
Merit: 1
Indeed, many concerns with the value of bitcoin, we will continue to see a lot of good movements up and down movements, this will be a consideration to continue playing in the market or holding it.
member
Activity: 598
Merit: 10
At the moment I am very worried about the price of Bitcoin, very worried if Bitcoin next year will experience a very drastic price decline, because that can happen, because no one can predict the price for now. Hopefully by the beginning of 2019 the price will be green and so on.
full member
Activity: 812
Merit: 100
My theory is that people buy it as holiday gifts.

Maybe not for this year. Bitcoin value was increasing at the end of past years, but in this year, bitcoin value still at the bottom now.
We cannot predict cryptocurrency market after all. But rest assure, if peoples keep using bitcoin, the value will not going to zero.
full member
Activity: 616
Merit: 100
i dont know but i think it is like the event, from last year and 2 years ago we can see that the price of bitcoin is always increasing at the end of the year at december, so all people will buy more bitcoina t december
jr. member
Activity: 182
Merit: 1
I think it's not exactly holiday gifts it's probably just a coincidence. At the moment, the growth is accompanied by the fact that there was a correction and bitcoin pushes away from the bottom.
member
Activity: 280
Merit: 12
A lot of them say in Christmas holidays most them prefer to buy cryptocurrency as they don't want to spend unnecessary so the value of BTC goes up, but it doesn't work upon that. Only if the demand and supply is low the value may go up.
full member
Activity: 854
Merit: 115
My theory is that people buy it as holiday gifts.
I can't think of any other reasons why but probably that is the most common answer you will get here since Bitcoin is always on a downtrend every Christmas holiday in December. Now, the real question is when would Bitcoin start to push its trend upward so that a bull run would start as soon as possible?

I think it happened yesterday when before Christmas prices went up and people felt it was their Christmas gift. I also got yesterday's profit when the price went up I was very happy for that
member
Activity: 251
Merit: 10
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Price can change any time. We can't mark any reason surely. We can't say that only in December, price goes down. May be in December in next year, price will hit the record price. We can speculate but we can't mark anything surely.
full member
Activity: 546
Merit: 101
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A lot of certain events because of course here is indeed very easily influenced by various kinds of things that happens to the lives of many people in certain places, especially those who have legalized it. But now it looks like it's different, maybe trust has decreasing in bitcoin because so far it can't seem to moving up according to various predictions that say the movement price.
legendary
Activity: 2912
Merit: 1068
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This is obviously not true because this December shows totaly different situation. That small price rise that we had after cointinuous price fall can't be called rally. It was just slight positive correction that didn't last for long.
After all this time that I'm dealing with Bitcoin and that is for five years by now I can't say that there is any prooven connection between Bitcoin price and some periods or months in year, there are always different factors that influence the price.
newbie
Activity: 3
Merit: 0
2017 the bitcoin price fell as i remember. 2018 Bitcoin rise in price before Christmas.
Every year we dont know what will happen in the market. If you are a family man you will choose to spend your money with your family.
If you are single and you are a smart person who wants to have a long term investment you will buy bitcoin.

And if you are rich enough, you'll buy bitcoins and presents for your family, as well Grin Grin
copper member
Activity: 336
Merit: 1
It looked like a rally with prices rising for around a week but it was not sustained so it is therefore categorised as a small correction following a massive dump. The rally is likely to begin after the bakkt next month
full member
Activity: 791
Merit: 139
2017 the bitcoin price fell as i remember. 2018 Bitcoin rise in price before Christmas.
Every year we dont know what will happen in the market. If you are a family man you will choose to spend your money with your family.
If you are single and you are a smart person who wants to have a long term investment you will buy bitcoin.
We dont know what will happen as always and we dont know who will be in the market before Christmas.
We can't also tell that January will be the rise of Cryptocurrency as 2018 was not!
legendary
Activity: 3080
Merit: 1353
There is no exact correlation whatsoever between Bitcoin price and any holiday. It's just a coincidence but there are year as far as I can remember that Bitcoin didn't rally at the end of the year. Last year alone, there are speculations that after Chinese New Year, Bitcoin price will go up because Chinese will go back to the market, but it didn't happened. I can only speculate that whales are just manipulating prices and giving false hope that a break out run is really happening every year end. So if you're a noob investors, you might get caught in this trap, so just be careful.
full member
Activity: 1148
Merit: 116
Two sides both wishes, some believe newer investors come in December time and some believe December time is dumping time well its a shame no bullrun occurs this December
sr. member
Activity: 2842
Merit: 326
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My theory is that people buy it as holiday gifts.
December Holidays is synonymous with a lot of giving gifts to people thus a lot of exchanging of bitcoin to fiat is usually the order of the day invariably affects the price of btc which is more or less resulted to a drop in the price  until the holiday is over before any noticeable bullish runs currently the price is showing some flashes of bullish run
legendary
Activity: 1414
Merit: 1001
Are you just judging base on this year price: with the way it went low? Do you also consider high price we experienced in 2017 a rally?
Moreover,  It's not as if people buy it as a holiday gift or so,  because of the way bitcoin went high in 2017, many people are expecting the same to happen again this year which is not right. I guess it's those looking for a make money that also contributed in splashing the price.  
This is indeed unexpected, according to data usually Bitcoin prices always decline at year-end intervals. But now there is a positive change. We are in the right situation to start re-enlivening the market. We will all be part of the revival and later Bitcoin will become a financial system that is recognized by all people in the world.
newbie
Activity: 42
Merit: 0
   Bitcoin seem always rally in December , I don't think so the prices is affected through the demand and the supply. In December it is because of the holiday season so many are spending that's why seem the prices is going up..
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