Hi people,
Would you agree that, in general, the winter is the most promisingly time to invest into bitcoin?
In addition, due to the Christmas holiday, when people get together and discuss bitcoin trading, we will see a large jump in the bitcoin price?
Probably exactly the opposite.
People take breaks from work, they spend money on gifts and travelling and accommodations.
Most are enjoying the time with heir families and stop checking graphs every 5 minutes.
So no trading for normal users.
But with trade addicts, that is going to be something really different. And probably due to low volume on 24/25 31/1 I would definitely stay away from margin trading or even arbitrage those days.
I'm not sure whether this is all because of the winter holidays letting the users to go united and discuss about bitcoin and other digital currencies. I have seen that every year shows good price increase by the last days. This time too expect the same thing to happen.
Yeah, like I have nothing to discuss with my relatives other than money and finance on x-mas.
And remember 2013? That was an increase....not.
