As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?
P.S : My point is, we can't expect the price to rise and fall the same way as the last year.
Same scenario like last year will happened. Why would sell if the price is setting up a new all time high on literally within a short period of time.
On my own view, if the same price hype trend will happened this year, people will have a mindset that it will passed the established ATH last year, therefore majority will HODL. Expectations are really high that there will be another trip to the moon before year ends.
But since no one knows what will happened, just wait before yearend end to see what actually will happened.