What will be the affect of Valentine day on Bitcoin Price

[Assface16678]

What is going on in valentine's day, we see bitcoin price is going down, and it continues until this day. But we don't know if bitcoin price will continue to go down tomorrow or not because the movement still unpredicted so we can only be prepared for anything that might happen later. But this situation will change to a better situation, and we can wait for the good moves from bitcoin, which is the price will be increased again.

From the previous weeks of the bitcoin, it shows a good market price and now we are getting towards to earn more bitcoin. The price of the coin today shows a good market profit and it is better if we grab the opportunity to make more income. But on the day of valentines, it does not show a good market profit because until now the price of the bitcoin continuously dropping down and this is bad to the people who make a lot of investment when the price of the coin goes down. Still, we cannot predict what will happen next to the price of the coin because it is volatile and there are a lot of factors why does it change every time.

[1715480903]

1715480903

[Baoo]

To be honest, this question is actually so weird and stupid. Unfortunately, I barely see a creativity in topics. Otherwise, Bitcoin will never be affected through these shitty events, I have not seen any affect of this  Valentine day on Bitcoin's price and the same thing for  the other cryptocurrencies.  I am pretty sure that the only massive affect will happen after the halving event, possibly at that moment, the price will rise to $ 20K, we are just need to HOLD and wait for that event I would guess.

[wheelz1200]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

Lol this is just silly if you think valentine's day can correlate to a big bitcoin price day.  You can find a rainy day it went up and correlate rain with bull days.  In short valentine's day has absolutely zero correlation to bitcoin price.  Anything that resembles a patter is sheer luck. 

[mu_enrico]

^lol

Basically, your argument is correct, but let's say it (valentine price increase) always occurred in the past 100 years. Then we have a rather solid case that the phenomenon may repeat.

Unfortunately, the observed phenomenon since 2015 means nothing. I can't wait for the stock-to-flow to fails as well.

[hahay]

Well, we realize prices are declining after Valentine's Day but that doesn't mean Valentine's Day can affect the market or the price of bitcoin directly. I just do not think, why do they always connect one day whatever happens to the crypto market because in reality I absolutely do not believe that, because I think the movement of the crypto market does not depend on any big day or any day there, the crypto market will move based on demand and supply so prices will be more active up and down at any time and there are still many other factors but not because of Valentine's Day because there is no link at all.

[julius caesar]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

Valentines day will probably make an impact to the bitcoin price only if there is some businesses that allows bitcoin as a part of their transaction process. As of now, I don't think there is some stores that allows bitcoin as a part of their transaction so in short, this holiday does not have any impact at all to the bitcoin price. The price movement that just happened is only a coincidence maybe.

[davis196]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

I couldn't care less about Valentine's day and I don't care about it's impact over the Bitcoin price.Is there any impact over the price after all?Do you think that cryptocurrency traders and Bitcoin Core supporters start buying more Bitcoins just because it's Valentine's day?Did anyone created an analysis that proves this theory?
The only impact of Valentine's day I can think off is the fact that many bitcoin supporters might have sex with their girlfriends and get them pregnant.More crypto babies that will adopt bitcoin in the future.

[BuNga_cute]

I'm quite surprised if it's true that Valentine's Day affects the price of bitcoin, in my opinion Valentine's Day is impossible
to affect prices bitcoin.Because to my knowledge when Valentine's Day people don't buy bitcoin for their partners, but rather
something else.If indeed when Valentine's Day the price of bitcoin goes up, it seems just coincidence. And so far I have never
listened experts say valentine day has an effect on the price of bitcoin.

[Latviand]

Maybe it is not the occasion but the period. The market value of Bitcoin before Valentine's day is already positive so maybe it is just pure coincidence. Just observe if there is a huge difference in the market price from this specific date to the dates of 15 and 13, if there's not that much of an increase, then such occasion did not affect the price, but rather is just within a period where the price is positive.

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

I couldn't care less about Valentine's day and I don't care about it's impact over the Bitcoin price.Is there any impact over the price after all?Do you think that cryptocurrency traders and Bitcoin Core supporters start buying more Bitcoins just because it's Valentine's day?Did anyone created an analysis that proves this theory?
The only impact of Valentine's day I can think off is the fact that many bitcoin supporters might have sex with their girlfriends and get them pregnant.More crypto babies that will adopt bitcoin in the future.

I like the humor from this. But obviously it does not affect the price, people are just making correlations between variables of Bitcoin price and the events that are happening. I have observed lately that there's a bit of increase with regards to topics concerning present issues in which they are trying to connect with the price of cryptos such as NCoV, and the likes since the issue of tension with regards to U.S and Iran, which somewhat affected the price of bitcoin.

[Twentyonepaylots]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

I couldn't care less about Valentine's day and I don't care about it's impact over the Bitcoin price.Is there any impact over the price after all?Do you think that cryptocurrency traders and Bitcoin Core supporters start buying more Bitcoins just because it's Valentine's day?Did anyone created an analysis that proves this theory?

People is the core of the price of bitcoin on which it all depends to the people, I guess there is an impact to the price of bitcoin due to seasonal reason. Christmas, New year's eve is the same as Valentines day, people will spend money on something to their special ones, I'm not saying that they did use their bitcoins but the fact that the price already drastically decreased I must conclude on this way.

The only impact of Valentine's day I can think off is the fact that many bitcoin supporters might have sex with their girlfriends and get them pregnant.More crypto babies that will adopt bitcoin in the future.

Too accurate lol  Guess there will be an effect on population growth this coming year, not only with the price.

[Wintersoldier]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

This is really a ridiculous question because events and holidays like valentines day does not have any effects on the market price that it will not help to increase bitcoin or crypto adaptation. Last week, every cryptocurrencies in the market, especially bitcoin have really increased it's price but just what i have said Valentine's day is not the reason.

[Kemarit]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

This is really a ridiculous question because events and holidays like valentines day does not have any effects on the market price that it will not help to increase bitcoin or crypto adaptation. Last week, every cryptocurrencies in the market, especially bitcoin have really increased it's price but just what i have said Valentine's day is not the reason.

Well there are still people who thinks that every holidays/occasions will simply affect the price in a very positive way. We can understand it because afterall Bitcoin is a speculative asset. However, I don't know where the Op gets his/her data that every Valentine's day, the price is very positive, maybe it is just a coincidence.

But I with the majority here that Valentine's day or any occasions for that matter will not pump a dent on the price. It is still based on the law of supply and demand, and if ever it had effect, it will be just temporary and very inorganic, to say the least.

[Kasabus]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

This is really a ridiculous question because events and holidays like valentines day does not have any effects on the market price that it will not help to increase bitcoin or crypto adaptation. Last week, every cryptocurrencies in the market, especially bitcoin have really increased it's price but just what i have said Valentine's day is not the reason.

Well there are still people who thinks that every holidays/occasions will simply affect the price in a very positive way. We can understand it because afterall Bitcoin is a speculative asset. However, I don't know where the Op gets his/her data that every Valentine's day, the price is very positive, maybe it is just a coincidence.

But I with the majority here that Valentine's day or any occasions for that matter will not pump a dent on the price. It is still based on the law of supply and demand, and if ever it had effect, it will be just temporary and very inorganic, to say the least.

Bitcoin price has been very positive already even before valentine's day so i don't think special occasions like this bring effect on bitcoin. And since bitcoin halving is already approaching, it will definitely make a positive effect not just on bitcoin but even to some of the crypto coins in the market.

[Subbir]

I don't think price of bitcoins actually get impact by Valentine's day lol, if there has been impact then it might be pure co incidence haha, also, if Bitcoin prices were tagged with the price of rubber as in condoms then surely it would go up astronomically as much to leave and get out of any price charts on day of Valentine's xD

I accept as true with you that Bitcoin has nothing to try to to with Valentine it's usually controlled by the citizenry But nobody can control Bitcoin counting on the market conditions sustainability. within the case of Valentine it's a weird case that nobody will invest in Bitcoin.

[ufaiz50]

Like other members, that in my opinion Valentine's Day has no impact on the bitcoin market, personally I consider this the same as the Christmas event. Changes occur only because of crypto volatility which sees market trends, market trends can be determined through a variety of events but only for large events in the crypto market.

[Ronaldcoin2017]

I think valentines day has no effect on bitcoin price, because valentines has really no relationships on economic issue, maybe many people will love to buys gift but there is no great issue on it, it cant really affect the price. I believe that the price of yhe bitcoin depend on so many aspect not on valentines day.

[tbterryboy]

Since 2015, valentine's day has been very positive for bitcoin as well as for ether. Every valentine's day with the exception of 2019, has been positive in the case of bitcoin, with the highest daily return of more than 9% occuring in 2018, will 2019 Valentine's follows the same trend as last years ..

Lol this is a very funny question. People here are now forming the attitude of asking how every little thing will affect cryptocurrency. Without anyone telling you anything about this, in your right sense do you think that Valentine has anything to do with any asset?

There is really no way they are related so it’s not going to have any effect, the only thing we are looking at is the next Halving and that’s what you should be talking about. Halving is going to take place in May and that’s about three months from now. I will even say that’s the reason the price has been going up lately.The price will likely keep going up even after the halving and that’s when we should be expecting the next bull run to take place.

[iv4n]

Like other members, that in my opinion Valentine's Day has no impact on the bitcoin market, personally I consider this the same as the Christmas event. Changes occur only because of crypto volatility which sees market trends, market trends can be determined through a variety of events but only for large events in the crypto market.

This is a joke, like all other topics about current global events and their effect on Bitcoin price. Coronavirus, Christmas, and now Valentine's Day. Nothing about these days is special for crypto, what can happen is that some random people make some huge trades and move the price a bit in some direction, any direction.
Some people are obsessed with crypto apparently, they see and create connections between crypto and every possible global event, no matter how important or irrelevant event is. There's no need for that, many people don't even care about most of the event's and special days. I know I am one of them!

[jhonjhon]

I don't think Valentines will do any difference from other days, the trend from 2018-2019 is only a coincidence and it doesn't have any relation and to be honest, the only effect that I can think of is there will be a lot of spending using bitcoin because a lot will be spending for their special someone. For me, Valentines or any holidays are always the same with normal days where bitcoin do it's thing.

[Serious475]

I don't think Valentines will do any difference from other days, the trend from 2018-2019 is only a coincidence and it doesn't have any relation and to be honest, the only effect that I can think of is there will be a lot of spending using bitcoin because a lot will be spending for their special someone. For me, Valentines or any holidays are always the same with normal days where bitcoin do it's thing.

On the previous day of the valentines, it does not affect too much the market price of the bitcoin because before it comes into the highest peak it falls immediately for over 9.6k dollars and this is not quite profitable enough to make more earnings and pull out because we can lose a lot of profit by that, but it is suitable for investment. Still, there is a possible chance the some of the people that usually use crypto make some pull out if they do not have enough money to use for their loved ones and date them.