Why bitcoin always peaks in December ?

O

onlinemarketer12

Elite Member

Jr. VIP

Nov 22, 2019

6,959

1,681

• Dec 17, 2020

• #1

Any specific reason behind this ?

 

JessonM

Regular Member

Mar 2, 2019

231

99

• Dec 17, 2020

• #2

Santa is giving gifts to bitcoiners.

 

Panther28

Elite Member

Executive VIP

Jr. VIP

May 2, 2010

9,977

16,092

• Dec 17, 2020

• #3

Because everyone gets their weed in for xmas & new year.

 

D

Deleted member 657006

Guest

• Dec 17, 2020

• #4

You lot so funny.

Love it.

Because ppl buy into more things at xmas with job bonus

 

Poultry

Regular Member

Aug 21, 2011

303

156

• Dec 17, 2020

• #5

Good point, there's something going on...

 

alurosu

Elite Member

Jun 16, 2020

2,188

1,658

• Dec 17, 2020

• #6

Last year and the year before that BTC didn't peak in December

 

D

Deleted member 1333509

Guest

• Dec 17, 2020

• #7

It always times with pagan ritual days (seriously, I'm not joking). Look it up then look at the price action of BTC.

 

HustleTong

Elite Member

May 30, 2019

13,466

10,660

• Dec 17, 2020

• #8

Because December is end of the year.
Coincidental.

 

WARHOL

Power Member

Apr 24, 2011

507

126

• Dec 17, 2020

• #9

Its a 4 year cycle - https://hackernoon.com/a-detailed-breakdown-of-bitcoins-four-year-cycles-icp3z0q - bitcoin always moons to a new high a couple of month after halving. This is the 3rd time it happened

 

djw1606

Power Member

Jan 24, 2014

654

390

• Dec 17, 2020

• #10

Because Santa Claus is Satoshi Nakamoto

He's been giving hints for years

 

Rdan13

Regular Member

Dec 14, 2020

293

71

• Dec 17, 2020

• #11

I thought that BTC would grow until $22000 by the end of this year.

 

Gogol

Administrator

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Executive VIP

Jr. VIP

Sep 10, 2010

11,817

26,660

• Dec 17, 2020

• #12

Perhaps it has to do with people planning to go full "pablo escobar" mode next year, every year? I am not crypto expert though.

 

dheer

Elite Member

Jr. VIP

Jul 24, 2009

3,390

1,287

• Dec 17, 2020

• #13

The big question is one should sell or hold

 

Kenobii

Elite Member

Jr. VIP

Jun 10, 2013

5,945

3,088

• Dec 17, 2020

• #14

Because it’s Christmas bro

 

Themer

Regular Member

Nov 9, 2020

297

503

• Dec 17, 2020

• #15

Because the big whales want you to put whatever money you earned throughout the year, so that they can cash in at a higher price. Expect a massive correction in January/February.