Will Bitcoin drop during the upcoming Holidays?

[Kprawn]

I think the Bitcoin price will increase when demand for bitcoins increase during Black Friday. A lot of people will want to buy

specials during this period and this will push up the demand for bitcoins. If people use the coins that they are hoarding, then

the price will go down. {increased supply on exchanges} These two might cancel each other out, but I think the latest bump

in the price might feed a "buy" frenzy, because people will take profits. 

[Catmony]

Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?

It depend on people to people and I don't think we all love to buy things by selling our bitcoins during holiday, not when bitcoin is pumping hard like 7x within one year.

I think price will remain constant at well over $7k during end of this year or at even high price range but there wil be quite big pump on first few months of next year.

[rosepetals]

Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?

Bitcoins price is very unstable and no one could predict if its price will rise in the peak season,where bitcoiners have different plans on that time,some value more on investments,they tend to invest the money from their bonuses on that time and some will spend their BTC to give presents to their loveones.
We can't assure how much percentage that people want to invest or to sell their bitcoins on during christmas season.

[darkangel11]

I wouldn't count on it. I think in 2013 when BTC went down from an ATH in December people connected this with holidays, while it wasn't the reason for the drop. The failure of Mt.Gox and their fake trading was. The economy remains stable during holidays. Some people sell to buy new clothes and gifts for their children, while others buy to give cryptos as gifts.

[xbl1008]

Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?

Yes but it will drop not too low just some correction from its recent rally, why? people have their money they will think where to invest their hard earned money and bitcoin is one of the smart investment to make because of its high capital appreciation the price of your investment now might double in a few months so im also expecting a dump of its price when there's demand there will also one who will sell from its fluctuations these are the traders and few individuals who are playing with the price of bitcoin.

[scottykarate]

I suppose it won't be impacted too much because I would doubt anyone is cashing in much if they're converting to fiat. I doubt that people are pulling whole bitcoins or remotely close.

[zombie6]

I think a lot of people will take money out to fiat to buy fires for relatives or go to trips)

[erickkyut]

Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?

I'm not quite sure. We cannot tell but in my opinion, Bitcoin will continue to soar higher before this year ends. There are lots of bad news about Bitcoin this past few months but despite it all, Bitcoin continue to grow and increase its value. According to the experts, there is a higher chance that before this year ends, Bitcoin might reach its all time high value of $10000.

[gabmen]

That's what happened last year when btc dropped to under 1k during the latter part of december. Its normal since people will be spending and even holders may be shelling out quite a lot of bitcoins

[Kez1817]

     Well,for me holidays will not affect too much in bitcoin industry,even we know during holidays like christmas we spend a lot of money to buy goods we need for christmas.The bitcoin price is changeable but i think it will not drop down this coming holidays because behind the expenses people still thinking how to gain profit or to earn money so,they still invest not just selling all their bitcoins in the market. And bitcoin price is still high and maybe it will increase this holidays because of the demand and supply.

[Sophiea]

I wish it will not happen because this coming holidays many expenses for sure so I hope bitcoin price will not drop because we need to have extra income this coming holidays.

[Faith Joy]

If the holiday could really affect the price, than the bitcoin has to raise. Similar to gasoline at the first day of holiday.

It will rise surely by Holiday, we might have a Christmas give, since Im planning to put my 13th month on btc, i think it was not only me whose planning it, more newbies might start on December too. to start there savings.

I think no, bitcoin will not drop during the upcoming holidays. Bitcoin will stay still, based on the price history of bitcoin, I don't think so. People would probably be selling some for the holidays, but expect some to buy too due to Christmas bonuses and such. If it were to rise or drop in price though, I believe it wouldn't be even a bit significant. Unless we receive new FUD on December though.