Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?
I think the demand of bitcoin increase because there are more people that needs money when holiday season comes. They want to earn money to visit, and to have a gift for their love ones. So I think the price increase also because the demand of bitcoin increases. The demand can help the bitcoin price increase.