What will be the affect of Valentine day on Bitcoin Price

[adzino]

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 ..

How do you guys even come up with this kind of comparisons? It is really hilarious! This is just a total coincidence. Instead of saying price rises every valentines day, you can also think of it like this, every beginning of the year, the price of crypto currencies starts to rise. This would make more sense.
You don't have to always find weird reasons when bitcoin starts to rise. Wouldn't be surprised if someone now asks if the price rise is due to recent corona virus outbreak.

[airdnasxela]

Not everyone is celebrating Valentines and I don't really think it affects Bitcoin price. There's other reason of the increase but not really nor directly related to Valentine's Day at all. Valentines is more on buying chocolates, flowers and gifts so I can't really find the correlation between the two.  Unless most of us were using Bitcoin or crypto on buying those gifts, but no. I can't really say that it's because of Valentines because for the past days and weeks, bitcoin's price is increasing and it just happened that it also increase the same day with Valentines.

[Janation]

We are investing in a volatile cryptocurrency and yesterday is not something that would affect the price of Bitcoin.

Despite the changes that happened in the past, it is just a mere coincidence that it happened at that time. Valentine's Day is not the time where whales or big investors buy a lot of BItcoin and there is this certain time that they will be dropping them off. It might be possible but whales don't do things like that, what they are doing now is just changing their wallets every now and then.

[Google+]

maybe the OP considers Valentine's Day to be a very important day for cryptocurrency so that it can have a price effect on price movements, really this makes me laugh out loud because there are still people who consider Valentine's Day important.

[butcherme]

I don't think that it had affected the price of crypto at all.
Unless a rich person on crypto would like to cash out a huge amount just to surprise their partner.
I don't see any other way that Valentine's day would affect the market.

[imstillthebest]

I don't think that it had affected the price of crypto at all.
Unless a rich person on crypto would like to cash out a huge amount just to surprise their partner.
I don't see any other way that Valentine's day would affect the market.

valentines day isnt only for the rich people . most people celebrate it , poor or rich and most of this are btc user i believe because btc is already dominating . now these people involved on btc will just sold some of thier coins to buy a gift for thier partners but maybe there will also buyers that wlll buy more btc and the btc is the one that they will be using as a form of gift to thier partner  .  that idea is trending lately  , not just for valentines but for almost all occasions pupolarly on christmas and new year  .

[Negotiation]

Bitcoin price has no effect on Valentine's Day  Because the price of bitcoin has no effect on it and no people and government can control bitcoin  This is a coincidence Bitcoin is usually sustained depending on the market conditions. As Bitcoin's investment grows its demand will increase Nothing compares to this.

[NavI_027]

I agree on some of the comments here, if you noticed that bitcoin pumps every Valentine's Day then most probably it was only a pure coincidence. There's no relationship at all between the two things. Well, I'm not saying that occasions does not affect prices in the market since since Christmas really do but I can't really see valid reasons why btc go up due to a small event yesterday lol.

[lienfaye]

Well it has no connection because valentine's day is not a crypto event that most of us look forward.

However if someone sell their bitcoin to buy gift for their loved ones or otherwise it will somehow create a small impact for the price.

But just like what I have said there's nothing special in crypto world during this particular day hence whatever the price of btc for the past years its just a coincidence.

[dunfida]

I agree on some of the comments here, if you noticed that bitcoin pumps every Valentine's Day then most probably it was only a pure coincidence. There's no relationship at all between the two things. Well, I'm not saying that occasions does not affect prices in the market since since Christmas really do but I can't really see valid reasons why btc go up due to a small event yesterday lol.

We have seen twice in a row on where btc doesnt even react on that Christmas event.Its all just coincidence and theres no such thing about precise tagging of events for it
to be relied on when we do speak about price increase.

We have witnessed recently on Valentines day event that theres no significant movement even on the said occasion.This is why its not really that good for us to tag it
up everytime.

[coolcoinz]

And it dumped a bit.  Crazy people will say it's because of the Valentine's, analysts will say it's because of TA and conspirationists will think it's manipulation.
Life goes on, Bitcoin is still here and is not going anywhere.

[matchi2011]

I don't think that it had affected the price of crypto at all.
Unless a rich person on crypto would like to cash out a huge amount just to surprise their partner.
I don't see any other way that Valentine's day would affect the market.

Yes there's no relations between this event and crypto currency, not unless whales will play along and take this opportunities to work inside this industry.

A lots of people wanted to relate things even there's nothing that relates anything at all.

Good assessment and not fall with anything even you are seeing some pump or even if there's little dump that happened.

[spike420211]

In my opinion, Valentine's Day is no different from any other day in which people want to spend as much money on gifts as possible.
Therefore, we can make an unambiguous conclusion that some of the people will change their cryptocurrency savings for real money to buy gifts and other basic things.

[fiulpro]

What do you think ? People would be selling off huge amount of bitcoins to buy stuff for their girlfriends or something ?
Well I do think this is not something that would happen since practically things like this happen all the time and one should understand that it would be affecting the price much to actually show some up and down .
It won't matter so don't worry things like this is common some ups and down might come but it won't be affecting the price much .

[pixie85]

In my opinion, Valentine's Day is no different from any other day in which people want to spend as much money on gifts as possible.
Therefore, we can make an unambiguous conclusion that some of the people will change their cryptocurrency savings for real money to buy gifts and other basic things.

I don't think people are buying gifts that are so expensive that they will have to dump a bitcoin or two to afford it.

The majority takes their loved one out for a dinner or buys flowers. Most people can afford it and even if you are in that 1% that needs to buy a diamond necklace, you probably can afford it without selling your investments. If you cannot, you're a careless spender

[Shasha80]

There is no valid data related to valentine day to make an effect on the price of bitcoin. In my opinion there is no relationship with
valentine day with the price of bitcoin. And if the investigation that you do is proven every year when valentine day there is an increase
in the price of bitcoin,it's no more just a coincidence. Because logically it doesn't make sense why the price of bitcoin can be affected
by valentine day. In my opinion those of you who think so too tired to live this life, I suggest just enjoying Valentine's Day with your
partner and forget for a moment about bitcoin.

[gaston castano]

I don't think it has too much of an impact on the crypto market, that is, if people are going to sell their coins to buy chocolate, if so, the price should fall.
except that they buy using coins.
Since the end of January, market conditions have continued to rise, so Valentine may not be the main reason for this.

[iamsheikhadil]

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

[Magkirap]

I don't think it has too much of an impact on the crypto market, that is, if people are going to sell their coins to buy chocolate, if so, the price should fall.
except that they buy using coins.
Since the end of January, market conditions have continued to rise, so Valentine may not be the main reason for this.

Yeah same goes with me i don't think valentines will have a clear and visible effect on the market, maybe a few will use some coins to buy some stuff like a gift or something for their loveones but that is all, it will have no positive or negative effect on bitcoin's price or even the whole crypto market. We already experiencing a bull run or pump up on price market like a week before valentine's day so it is a clear coincidence.

[ethereumhunter]

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.