Good sign for market

[Wysi]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

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[bitcampaign]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

yes a lot of fortune tellers in the past year about this year which will be a good year for the crypto community of course, we are still at the beginning of the year is not too significant to see other surprises, waiting a few weeks from now to see the market really recovered from the slump, that's what expected by everyone in this forum, except for those who buy late

[Kyraishi]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

This is not the reason to be optimistic, even though I think that the outlook of the market is clearly geared to be positive next year.

Halving is still the main event on the horizon, in my opinion. The effect is really twofold, the psychological effect that it will have on the market as well as the fact that it creates more scarcity for newly mined coins.

Just don't expect any bull market the size of 2017. That is a thing of the past with the current maturity of the markets.

[pooya87]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case,

it has never been the case for the past years actually. most last weeks of December for the past 10 years actually goes up!

does that mean that we have good days ahead?

no that doesn't mean anything.
the fact that for the past year price has been rising (from $3200 to $13800 and ended at $7200+) means we are already in a bull market that will continue in 2020 and grow in size and speed.

[maxreish]

We can't really know about that. You are talking about 2017, but 2018 and 2019's year end performace is different. You are relying from the past charts but I will not be pessimistic about this start of the 2020. If only it can break $8k this week, that's indeed a good sign so let us wait for that.

[davis196]

The bitcoin price is going to stay around 7K USD for the rest of the winter.
There are no good or bad signs for the market now.The price volatility is so damn low.

[Wilhelm]

The bitcoin price is going to stay around 7K USD for the rest of the winter.
There are no good or bad signs for the market now.The price volatility is so damn low.

It will go up after the halving. The halving is historically the lowest point on the exponential graph.

[bitcoindusts]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

I hope it is really a good sign ahead but we are really uncertain of the future market of cryptocurrency.  Though we can see a strong support on Bitcoin and a partial increase on it several times only to end being dump at the end.  Let us be warry of Bull trap to avoid a certain lose of our investment.

[dark08]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

I hope it is really a good sign ahead but we are really uncertain of the future market of cryptocurrency.  Though we can see a strong support on Bitcoin and a partial increase on it several times only to end being dump at the end.  Let us be warry of Bull trap to avoid a certain lose of our investment.

Yes we already on a strong support thats why the price always bounce after a small drop but again its hard to know when the pump or dump happen all prediction can be valid or maybe invalid.
Most people think this 2020 bitcoin price will spike so high since we are near to halving and if you check its history the price always spike so high lets us hope for a positive happen.

[3la9l_kolbaCa]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

We already had gone though that situations, and I don't wish to see any drop worst than that this year. The history was really struggling and I do hope that not only good signs is visible, but also it's for reality of the actual market. Many people have been speculating positively even if the recent market performance didn't coincide at impressive outcome. What we need now is a stable and progressive market.

[Wexnident]

Do remember that the massive drop was because of the massive rise in 2017, which is also known as the bubble of that years halving. Naturally, a bubble which lacks foundation would go down to regulate and stabilize it's price since it remaining as such would shake the market.

We already had gone though that situations, and I don't wish to see any drop worst than that this year.

Drop? Worst? Excuse me but as I recall, the year entered with BTC at 3k and ended the year with 7k. No matter ho2 hard I look, I can't really see anything close to a "drop".

[DeathAngel]

Halving is getting nearer now, we should begin to see a slow rise from now until the halving, maybe even with a big speculative spike before a dump after the halving. The real fun will be in 2021.

[tomahawk9]

but this year it was not the same case, does that mean that we have good days ahead?

No, it doesn't mean good or bad days ahead. Bitcoin's performance over the past couple of weeks does not indicate anything, and unless you're a trader (unlikely), you shouldn't be concerned about a couple of weeks data.

Good sign? The only good sign that most of us are waiting is the one that'll tell us that we're oficially out of the bear market, but unfortunately, that sign is yet to arrive so, anything other than that is inconsequential.

[batang_bitcoin]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

It might be good but like what we've been saying about the attitude of bitcoin, this isn't an easy thing to predict and the usual term that we use to say with that is that it's unpredictable. And if we compare it with the 2017 bull run, this time it wasn't like that. We've seen that bitcoin isn't good at the end of 2019 and we're more dropping instead of pumping. We can't assure that the good days base on your satisfaction but we'll have it just like the usual days and we're hoping that it will be better than last year.

[Hamphser]

Don't get your hopes so high because even if there's a bitcoin halving coming that is not the reason for you to think that this market is about to change like what you have expected in 2017. Things are getting more complicated this year if you think it thoroughly and done your research. Bitcoin halving effect will not have a major impact this year.

[panganib999]

Not really a good sign, nor is it a bad one. Is just eh, pretty normal I'd say. Bitcoin may rise or fall, nothing new there, it is Bitcoin after all. You ca't really base signs off past performances of BTC, especially since the last 4 years could be said to be a regulation period of BTC on its bubble of 2017. Could even be said that it actually just finished by the start of 2019, and only the entire year of 2019 was the progress or the growth of Bitcoin that actually contained foundation and is stabilized unlike in the past 3 years.

It might be good but like what we've been saying about the attitude of bitcoin, this isn't an easy thing to predict and the usual term that we use to say with that is that it's unpredictable. And if we compare it with the 2017 bull run, this time it wasn't like that. We've seen that bitcoin isn't good at the end of 2019 and we're more dropping instead of pumping. We can't assure that the good days base on your satisfaction but we'll have it just like the usual days and we're hoping that it will be better than last year.

Could be though. Could be not. Generally it should cause it decreasing the constant supply being produced means that demand would now rise higher compared to the past. Though could actually have no effect at all, but a negative one? I don't suppose so.

[wheelz1200]

For the past four years we have witnessed a massive drop starting from last week of December when it comes to the price of bitcoin but this year it was not the same case, does that mean that we have good days ahead? because even during 2017 bull run it started in November and lasted till the beginning of 4th-week of December then the price started to drop.

I think this is a good sign for bitcoin.

I dont think you can year over year expect the same exact trends based on months.  Ypu cant say its bullish or bearish to say that something did or didnt happen exactly like it did in the past.  I see this trend a lot and people focusing on times of the year to buy or sell.  That is a losing strategy as it is not a direct relation between the 2.  Just mere coincidences.

[Blackdeath]

Not really a good sign, nor is it a bad one. Is just eh, pretty normal I'd say. Bitcoin may rise or fall, nothing new there, it is Bitcoin after all. You ca't really base signs off past performances of BTC, especially since the last 4 years could be said to be a regulation period of BTC on its bubble of 2017. Could even be said that it actually just finished by the start of 2019, and only the entire year of 2019 was the progress or the growth of Bitcoin that actually contained foundation and is stabilized unlike in the past 3 years.

It might be good but like what we've been saying about the attitude of bitcoin, this isn't an easy thing to predict and the usual term that we use to say with that is that it's unpredictable. And if we compare it with the 2017 bull run, this time it wasn't like that. We've seen that bitcoin isn't good at the end of 2019 and we're more dropping instead of pumping. We can't assure that the good days base on your satisfaction but we'll have it just like the usual days and we're hoping that it will be better than last year.

Could be though. Could be not. Generally it should cause it decreasing the constant supply being produced means that demand would now rise higher compared to the past. Though could actually have no effect at all, but a negative one? I don't suppose so.

Indeed. There are really no any good signs that i see recently because the movement of the price of bitcoin seems normal to me, and it doesn't make any unpredictable movement recently, that is why i am still hoping that notcoin woyld really increase it's price so i could earn a good profit this year.

[cabron]

A good sign of the market is that there are more campiagns today that pays BTC. I guess this will bring more volume to the market and will give confidence to the new investors of crypto. Not for long the people who were just hearing BTC on social media sites are going to try investing in crypto for they will be hearing governments are also trying to release digital currencies.

[el kaka22]

Exactly where are you getting your data from? Past four years means 2016, we literally had an insane increase in 2017 that peaked in December with all time high price, that was literally just 2 years ago, 2017 December to 2018 December is one year, December 2018 to December 2019 is second year, so we are just 25 months away from the biggest price we have ever seen in bitcoin.

However, even with avoiding that and considering the topic as "since the all time high we have been dropping" that stopped in April so we could potentially say that early 2018 wasn't that bad, I mean it started falling but late 2017 was when it increased so lets take it as a whole bad year, then April is the fourth month, so we literally had only 16 months that was bad in bitcoin and then for the past 8-9 months it has been great so we didn't had the drought people assume we did.