Bitcoin Forum

My theory is that people buy it as holiday gifts.

Just a slight uptick in price and it's already declared a rally ....  ;D  the stupidity and ignorance of even the most basic understanding of real world economics is so rampant on this forum.

yes, every year some people choose to sell BTC for Christmas and holiday gifts, they make the BTC market fall.

I think, this becomes an activity every year, and can't be avoided, and at the end of this year, I predict that 60% of crypto users choose to hold their assets.

In 2013 it was congress hearing.
Don't know about last year.
But what we're seeing December 2018 is not a rally, it's a small correction following huge dump.

I wouldn't call it a rally until a little bit more progression occurs. I really hope it does become a rally though :).

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?

Did it really rally in December 2014? When I look at the charts December is all red and it continues until the middle of January 2014. Don't say always when you saw only a short lifetime of an asset. Bitcoin is only 10 years old and even in this short time the pattern doesn't repeat every year. This bounce back is too small to be called a rally yet.

It's too early to tell that bitcoin is rallying solely based these couple of days of increase. Assuming that bitcoin is rallying towards through out the end of the year, it might be due to the feeling of being optimistic for year 2019. The bitcoin ETF is expected to be approved on February. This is a good trigger thing for bull run.

Any sign of green in the market brings new waves of positivity and speculation
threads, it wont be long now when the bull will be mentioned.

By this time next week bitcoins value could be back to 3k. Its difficult to find
repitition in the markets. Compared to last year this "rally" is a blip.

Everyone wants to speculate because I believe that deep inside, they want to see again the successful days of bitcoin. Most of the time, the speculations are wrong. Better keep it to ourselves. It will not make any difference anyway.  ;)

I won't consider this a rally since we came from a huge dip and bitcoin hasn't recovered yet. This may be a sign that bitcoin is slowly recovering from its losses from the bloodbath due to the BCH drama.
People do have lots of money when it comes to the month of December, so it's one of the reasons why there's a spike on bitcoin's value. Some people are trying to purchase more bitcoin hoping that by next year they can profit from it. This trend is very unpredictable and might as well make you lose your investments so better invest only and amount that you can afford to lose and always set a goal of when to stop for greed will make you lose everything.

December is the end of the year. Many people want to improve the statistics of their portfolios and for this reason traders are very active during this period.

I also think that this is due to the holidays. But it seems to me that this year nothing magical will happen and the market will still remain in this position. Everyone is waiting for the next year, because it promises to be more positive and friendly.

Not every December, 2016 wasnt the same for this and last year. I think these are the people that believes its a better time to buy on December.

Sorry to those who bought last December and lucky are those that are buying right now. And these money maybe came from their additional/bonus year end month pay.

i don;t know what you mean. can you explain?

Whats the connection? Lets say if you are one of those who buy, are you really willing to just to give it to someone just for a gift?

Yes, it is true. I once knew a guy who bought 2 LTC at $25 per coin last year for his niece and nephew because he hoped it would help them someday with their education, buying an used car, or whatever it can help them with any unexpected financial situation.

It is similarly to setting up a trust fund.

BTC ETF is one of the biggest reasons. Also, don't forget Bakkt platform's release. Also, if you invest your money into BTC right now and sell it next year, you would pay less tax bucks (long-term capital gain tax in USA).

I think this is because there are many events at the end of the year, so during November - December it has become commonplace that every month the events of Christmas and New Year and usually Q1 is the peak performance of crypto bull run. Each year also has external factors, for this year and in the coming year it looks like regulation and Bitcoin ETF are the reasons for this trend

I really won't consider the price bump a "rally" just yet. If anything, it was just a small consolidation bump just because we we're pretty much full-on bear market for the whole year. The price bump currently is only merely $500. Is it really a rally? Time will tell. But in my nooby-trader's opinion, it's nothing but a dead cat bounce; and I definitely hope I'm wrong. It's just pure coincidence that the small bump happened in December.

We can't be so sure of that because there are still few days remaining before we end this year.There may be a lot of surprises still coming this year.I think with this holiday season,lot of investors want to buy more cheap but potential coins while others chose to sell their coins too just to buy holiday presents for their loved ones.

I don't think there is a definite size, but the current situation is not very profitable in terms of trade or long investment. In the past few days the market has started to move green, but you must always be vigilant when conducting trade and investment

Yes, I agree, maybe it's because the market situation is now bad or because people think the price is still cheap and buy it now and hold it for the next few months, don't sell it now.

it is so sad i waited for this season. but waited at 6400$ now its at 3100 and going up.

Actually I can't see anything but I understand now real reason this moment Bitcoin holding and investment captions.this is the real think December will over soon but no have good news yet.today December 20 but I see have something changes Bitcoin price and going up 3900$.good can purchase and if value going to increase this month then I hope Bitcoin price again come back 15000$.then girts is confirm for the Bitcoin holders and investor.

As we expected many people will tend to buy bitcoin as their holiday gifts so I think there will rising of demand. When it come of Christmas and Holiday some people really have huge amount of money. Your might correct but seems it will really happen.

You"re saying that a lot of people are buying like gift cards to their loved ones for Christmas? Thats a great idea , a gift card with 50,100,200...usd worth of bitcoin and a list of shops where you can use it  8) that should be like the normal usual thing and probably it will be in a couple of years.

Bitcoin does not always rally in December, this has only happened once, last December. This current growth can not be called a rally just yet.
Prior to 2017, the final quarter was usually met with price falls, especially during December.
If the price keeps going up, and settling at higehr supports, we might yet have a mini-bull run this year.

This happens every time no one understands how the price is pumping all of a sudden, yes this pump will rejoice back the happiness on short term investors. BTC is doing really well so far I hope this green trend will continue let's wait and watch.

Which December? It has just raised only from 3K to 4K! It is not enough for us. It has to rise more and more. Most of us still in loss! This December is not going well... We still are waiting.

because the analysis many people befire they buy a bitcoin or investing in bitcoin they always see the analysis chart in the previous year, and we can see that the price of bitcoin and value of bitcoin always rise up in the december, in this situation in the december there are many people that will uy bitcoin for investing

are you hope bitcoin will back to 10k until end of years.. ;D I think this increase will not continue. it's still possible that bitcoin will fall deeper again. so keep watching the market movements and don't be greedy if you have made a profit ..  .. ;)

No. It is not always like that. Just like what is happening right now. Yes, the price might be up for a while but it is actually not doing any progress even though there is a slight change upward. You can't still call this as a rally.

I think that now there is a small correction of the bitcoin market, after a long fall . The correction coincided with the Christmas and new year holidays, when people can give bitcoin as a gift .

Lol, gifts , do you even Bitcoin, bro?

IT defintely has nothing to do with gifts , altough it could make a cool gift.
I am thinking that this could have something to do with yeary financial factors like bonuses and vacation and spare time.

right this is still cheap because we hope this year's price of at least half of last year or at least above 6000 is good. but now very far from this prediction is really bad

You mean you don't know? No matter how bad it was it must moon 2 weeks to the birth of Jesus Christ so sit back relax and watch it fly to the moon

I belief this is a mere coincidence as regards the price rally of bitcoin in December the most noticeable rally was is last year however this year was not bullish the recent spite in the price is just normal there is nothing special about  it can pullback to value lower than today"s high, although there might be some sign of recovery but not expected now.

im not sure and not living in u.s but i heard it was about the taxes (for last year at least) maybe there are some regulations.
or psyhcology.we all think its going to rise on december so we all buy in december :)

Most of it depends on how people who are already are into using bitcoin feel about spending on it.
Being the end of the year most people have a look at their financial situation and assess what they can do with the money they have left for the rest of their fiscal end of the final quarter if that is where they end it which is most likely the case.
Once the big expenses are done with and all the Christmas buying frenzy is over then if they have anything of considerable value left over they would more than likely spend it on cryptocurrency as they view what they have to spend on it as residual income. And can be spent on what they like which is more then likely bitcoin.

maybe December became a special month as a bonus to buy at a low price and everyone hopes that the beginning of the year will be a fantastic price, this is just the prediction of everyone who doesn't necessarily happen

Amuses me how stupid people can be. When price falls during the end of the year, people are like "oh they arae just cashing out their profit for Christmas" and some other weird stuffs. When it starts to rise, now you guys are saying "people buying it as holiday gift", like for real?
The fall and rise has nothing to do with holidays. Just read a bit more before posting something and making yourself look like an idiot.

I guess BTC is showing courtesy on the Investors as Christmas and new-year is near to us  ;D kidding anyways. May be some big Investors would have invested a huge amount and demand may be higher? However, happy to see the changes atleast by the end of this year.

This is what I am thinking too.

I do not consider that they sell their bitcoin to fall the market. Can you tell what happen last year, you can clearly see that the price of bitcoin last year in the month of December is very high and it reach $20000 so I think they do not want to fall the bitcoin they want to rise it.

Bitcoin is a gift of the satoshi for us that with this currency we can start a good business at home and those who are good in the IT sector they can make more money with it while for those who are against of the crypto they have no reasons to explain that what will do by the unemployed people in this present time where expenses are unbearable and we have a limited resources for survival.

Well end of december is when it started to drop though.  Mid december was the peak but during the holidays, the value was slowly correcting. And while we're still just around the 4k point, i still wouldn't consider this a run. But quite relieved none the less to be distancing from the 3k level.

Bitcoin is a Crypto currency, which is acceptable in many countries, the current price of falling has been a very low than 2017 December price, nevertheless the current price is very good to invest for a short period of time appreciated in value for future use.

It simply base on the demand for BTC, December is a festive and holiday period, investors usually convert there BTC  into fiat, therefore demand is on the high side that tends to lead to an increase in price.

Personally, I do not think it seems to be a rally this december, Bitcoin in this month drops very low and we did not do a rally about it. Currenctly this week it is increasing a little bit, hopefully it will recover soon or if possible before this month end. We just need to wait and see what will happen in the next days, weeks and months if the price of it will fully recover.

Well don't so very exciting for this little bit price increase Just monitor and calm down
It's normal for bitcoin price increase in holiday season because people some people they their bonuses
So some of them decides to buy bitcoin investment

It has become a habit at the end of the year, December of the end of the year and many make it a holiday month. For this reason, investors change bitcoin with fiat for their needs and moments to throw it away.

I do not think people tend to sell their crypto on the special occusations unless they have no fiat and no other options but to convert bitcoin to fiat. Most people are holding bitcoin for investment and trading purpose, so they would care more about their business rather than just cashing out from there.

the thing is most people need money during december to buy gifts for families they have not visited a long time and as such tend to sell off their bitcoin so as to raise enough cash to enjoy the christmas holiday in december

every december, bitcoin rallies because people tend to raise money to celebrate christmas and new year and thus sell off their assets so as to raise money which they can use to buy gifts for friends and loved ones they have not seen a very long time. when they come back from the december holiday, they look for what to put their money into

This december is exception because the price fall. I dont think every december bitcoin price always rally because there is no proof of it. People buying right now because they think bitcoin at cheap price

No, I think investors will continue to maintain their investment because many investors have prepared ways to deal with difficult things like now. I am sure they already have spare money for a vacation at the end of this year without having to change bitcoin to fiat.

The only explanation that I could come up is that people have a lot of money to spend on holidays like this and some investors use their hard earned money throughout the year to invest in cryptocurrency. Others are just blindly hopping in the train.

I cannot see the theory of your going for the bitcoin up rally in december, because as you are telling according to it then the price should go up as every one wants to fiat currency to enjoy the christmas and new year, so for that they have to sell, if everyone will sell then automatically price will come down , it wont go up.

This price going up of btc is not known by anyone whether it is a trap or it is the starting of bull run no one knows it.

There is no fixed pattern. Its just a coincidence.
You can not predict a rally..

You do know the basic definition of a rally, don't you? This is clearly a mini rally where the entire market had surged along with Bitcoin and almost anyone with a half decent brain understood that much.

The cryptocurrency market news reports also indicated that much. This is the primary reason why many people choose to stay away from this forum due to the negativity spread by people like you on this forum.

It seems that there will be a similar rebound at the end of each year. This is also true in the stock market. There will always be a wave of "Christmas market" on Christmas Eve every year. At the end of the year, there will always be some preparation for next year, so the market may rise.

Every year bitcoin used to have bitcoin rally in the month of nov and dec but this being a year-long bear market we are witnessing a bear market with no much growth

   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..

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.

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

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

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.

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!

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

And if you are rich enough, you'll buy bitcoins and presents for your family, as well ;D ;D

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.

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.

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.

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

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.

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.

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

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.

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.

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.

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.

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.

Not a fact ! Bitcoin could still go down in 2019 or stay at these prices , just because it was growing consistantly in the pas few years doesn't mean it will continue growing . Bitcoin need more stability , the volitality of it might be attractive for people who are looking to make fast money .however, it's a quick way to lose your money and get depressed too.

Nope, most people get their bonus in the festive season and some of them are wise enough not to spend it all on holidays and Xmas gifts, so some of them spend it on Bitcoin investments and this is why you see a rally in the price in December.

December 2017 was a exception, because that spike was not as a direct result of any bonusses being spend on Bitcoin investments, but rather price manipulation from a bunch of whales and speculators.  >:(

It was market manipulation who make bitcoin spike in the end of the year. it got nothing with an event or they got bonus at the end of the year. It was whales strategy to push bitcoin going up and make it spike. This year we got no push from a big whales so the price still at the same currently. No change at all.

I saw that Dec is the time to people sell their own bitcoin to fiat for holiday. Let's see bitcoin's history, market always falls in Dec. 

Well i think that people use more often BTC in this holiday season.Even for gifts or for vacations or i don't know but this year BTC idn't increse that much and i don't know what to expect from next year.

December is now different from last year showed more greatness with its high value. But currently the value of Bitcoin is currently reversed back to low prices.

Savage. There are a lot of people here in the forum in every tick of the price no matter how big or small it is they give it a useless theory.

You know why the bitcoin uptick in December? Because most of the people needed a fiat (physical money) more than crypto to get ready for holidays because in real world only few shops only accept bitcoin and that's what investor took advantage of and that's why it upticks a little.

December rally is sentiment for crypto traders but in this year December we are witnessing low prices because of the bear market so we can say form this year bear market sentiment on dec is just like normal months

Indeed, there are people who buy bitcoin as a gift at December, but I think the number will be far less than those who sell bitcoin to buy gifts. The price can up and down at any time and I don't think December will always give a good rally. Compared to what happened last year, this December is very different.

This is a public lie, logically an increase based on market sentiment or market manipulation. So there is no rally here, even I don't see that this is a reversal, we will see a long sideways.

There is no such fixed pattern. Well, the last couple of years is a testament to it. Last December saw a very aggressive bull run in Bitcoin and even to so many altcoins. The rally was so strong that its correction was also very strong. This year's December is definitely one very different case. While there was some growth to the prices, there was no huge rally. There was no single bull showing its horns.

Figures at 4k is very promising for the price of bitcoin in near future but it is too early call it as a rally. For the fluctuations that we have seen, this peak may called as a correction. I think, legendary Decembers that we have seen may be lasted for a few years.

me also think so

Yeah, it's too early to talk about next to-the-moon, unfortunatelly. The time will show the strength or weakness of the cryptomarket.

We can't call it rally some of the investors are trying to make an exit plan so they will be able to pumped a little price and make the public to move after, they will dumped right after some movements are showing bringing some good value to their bagholdings.

This is not always the case. In most of December last year, the market was red, and the rising market was only short-lived, so in general, last December was still a downhill market, we should not just see the green market and ignore the red market.

What a very simple thoughts of bitcoin ups and down scenario! December is not always the season of pump. In somehow bulk run occurs once big whales allow to make it happen. A little bit more to convince myself of what whales can able to do with regards to bitcoin manipulation issue.

All according to plan. We are going to 1-2k in January-February 2019. But not everyone will be able to wait until then before the new cycle. Many will merge at the bottom because all kinds of loans, cars, apartments, repairs, and just a loss of faith, because it will be hard to wait.

In all forums breaking, well, when, when growth, well, when when when when ..... we're here now all that ....

You read and simply fucking from such that everyone thinks that the cue ball or another crypt just has to grow and grow, and if it doesn’t grow, then it’s angry banksters or porridges or reptilians.

Funny comrades, how flat is the majority understanding of the situation.

We must learn from the manipulator how to plan and use a super plan (known to all) and not keep all the eggs in one basket, then everything is clear and relaxed

I think when the beginning of the year bitcoin will experience a strong enough push, because the turn of the year is a very surprising moment.


like the thread above, explaining when the beginning of the year will tend to increase compared to the previous year

We don't know how will the price moves but all we know is that there are o ly two options of movement, it is either the price will pump creating or generating more profits that might go over the reigning ATH or another dump that might be lower to the lowest price of the year. But despite that dump, lets look at it at the good side, a lot of people would be able to invest at that time thus making the price rise again.

Always on December become bad moment for bitcoin holder, maybe we still remember last year of December bitcoin growing up, but bad time for this December bitcoin still drop.

only happen couple of time. not consider rally.

Not all of the Decembers really.

Before the first December that the price really upsets a lot of investors, the price of Bitcoin usually pumps at the month of December. The pump even starts before reaching the month. I don't know how is that happening but all I know is that ever since that rows of December pumps, I am used to that and it really is disappointing to see the last year's dump until now. I think we should not really be used to things and instead find a good plan or strategy to make a profit and also not always take your focus on Bitcoin.

This maybe because of festive season but not huge price increase happened anyway so its just like people's thought and if everyone having this means the prices will go up literally.NO definite time frame for the prices to increase sometimes it is happening in December and some other time it starts with 2nd half and few times with the beginning of year.

LMAO best comment ever LOL ;D The number of newbies that continues to be newbies in their point's of view is really rising and these people are not even improving even with logical matters in this crypto space but they are still here.

You're correct about that, I think some people are living with their delusions of frustrations that Bitcoin will be skyrocketing again on December 2018 just like what happened in December 2017 when Bitcoin reaches its peak price. People in this kind of industry should learn that not every kind of history will repeat in the same way and in the same month and they should wake up with their hallucinations because this is a really wild industry and anything can happen in a short period of time. 8)

Well that was one hell of a rally if ever there was lol. We've gotten pretty complacent about the price going up during the last quarter of the year that many expected a strong recovery.  We've forgotten how the market likes to go the opposite side of people's expectations.

ya ...bitcoin have always rally on every nov and dec but what happen to the 2018 dec ..the market value was low there was no increase in the price it was a huge lose ... :-[

It's the highest season of the market before the end of the year but remember that we can't always rely on this.
Bitcoin keep fluctuating so it's always change not just in December !

We will see, the moment of the truth will happen on 2019 !

People actually sell Bitcoins during holiday season in exchange of fiat money for buying needs, wants and gifts for christmas. It is not where they use Bitcoin to buy gifts. Most holders do that in December that is why prices will fall. It could also be that it is some kind of manipulation by whales where they dump huge ammount of their Bitcoin funds to create panic as people would start to fear if the price will continue to fall so they will cut loss and decide to sell and whales will surely benefit from weaker hands by eating their bait.

Because of the holidays, simply people have more free time and they use it for hobbies and other activities. Many people sell their crypto in December just to buy presents for their loving people. Obviously December brings more trades.

I think the value depends upon the date and time is not right. It depends upon only the investment and withdrawal when the investment is Hai the expectation and the development is also when the withdrawal is the value decreases itself this is the basic algorithm of Bitcoin.

December rally happened only a few times through the history of the crypto market. As we have already seen, last year it did not happen. Now, I will wait for the bulls close to the winter.

Mostly on December more down of price happens because people need money for holidays. Though the price is lower when people need it and no other source to get money, have no choice even the market is red which make the market more down. It is been hard to get green market during Christmas season and make you hold much stronger.

I think December is the month full of suprises because crypto are on Green and bull is continue to run. Especially those establishment accepting bitcoins are on busy and people are buying bitcoin in any exchanger to buy things or sell on those needed.

It didn't happen this year :D but it happened last 2017. There is no specific reasons why Bitcoin always rally in December because its doesn't rally always in that month.

From my perspective, I think its more possible that Bitcoin will go down because many investors will sell their Bitcoin to buy some gifts and goods that will use in the Christmas and New Year season.

Fractals, Cycles, etc.

There is also the possibility because we are nearing the etf's in February. Just 2 months left!

What is op talking about? It did not happen obviously. It was the opposite because it crashed hard when it was about to enter the month of December. Things have changed and the media are monitoring us and they always released the bad side that discourage buyers.

As we see, this time the price for bitcoin did not rise in December, as well as the prices for all other coins, so it can be argued that people did not buy bitcoin as Christmas gifts and, accordingly, there was no demand for Bitcoin, as it was before. We need to follow the developments on the market and the time when prices will finally grow.

until now the conditions have not improved, and indeed many investors are hesitant about bitcoin. yes, hopefully the things we face today can recover and investors can come back again without worry.

Now, it is different from the past years. Bitcoin was not rallying anymore in December 2018.
I think the increased price at the end of the year was not because peoples bought it as holiday gifts.
There were peoples who sold their bitcoin for buying some gifts in holiday at the end of year too.