Why does Bitcoin seem to always rally in December?

[Finestream]

Many investor are waiting for December moment where bitcoin and altcoin have higher price, but you have stop your dreaming because only on this December on year bitcoin and altcoin have lower and drop price.

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.

[asus09]

My theory is that people buy it as holiday gifts.

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

[SyrulRamadhan]

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.

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.

[bitcoinsc]

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

[amonymous]

My theory is that people buy it as holiday gifts.

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.

[Shiversnow]

My theory is that people buy it as holiday gifts.

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.

[tuvok007]

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  that should be like the normal usual thing and probably it will be in a couple of years.

[Gloverwrt]

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.

[mahilchii]

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.

[dewildance]

My theory is that people buy it as holiday gifts.

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.

[gesdan]

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

[Fuhre]

My theory is that people buy it as holiday gifts.

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.

are you hope bitcoin will back to 10k until end of years.. 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 ..  ..

[sehoon]

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.

[TheLoser]

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 .

[mazdafunsun]

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.

[Rohtox]

My theory is that people buy it as holiday gifts.

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.

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

[Inosend]

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

[Olalomi]

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.

[antisocial77]

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

[rdbase]

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.