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Author Topic: Why is it when the year will be over there are always talk about the price  (Read 359 times)
beerlover
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August 30, 2020, 07:18:12 PM
 #41

I believe it is easier that way, people just focus on the yearly returns because that is what the fiat world is like as well, that is why it must be simpler. Plus when you do this according to calendar year, you can compare to previous years as well, you can have yearly lows and yearly highs and you can have yearly averages, you can calculate which year was better and which year was worse.

We can sit here and all agree that 2017 was the best year ever while we can also say that 2018 was the worst year right after that as well, 2019 wasn't bad neither. I still hope that 2020 is better than all other years, unfortunately it doesn't look like best year ever but I hope that it at least becomes the second best year after 2017 because that is a hard one to break.

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August 31, 2020, 07:10:58 PM
 #42

The "Ber" madness especially December when bitcoin reached 20k USD.

It's stuck.
It is written in bitcoin's history and I think many people are expecting it to happen.
Every time Ber months come there will always be hope to reach that number again. Then, there are those who bought at that amount who are still expecting ROI.
Also, they think it is the time where people have lots of money. Well, I doubt that now since there is a pandemic.

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September 01, 2020, 04:09:57 AM
 #43

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
I also have my own predictions and I keep most to myself it's become a year-end habit for all of us here to comes out our prediction, it's like a summary of all we've gone through and the market, many of these predictions are contradictory, some are FUDS some are shills and hype, but we all agree in one thing and that is Cryptocurrency is all here to stay.

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September 05, 2020, 06:44:51 PM
 #44

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
There is also weekly as well if you want to focus on that? There are tons of chart readers and TA people that actually check weekly as well hell some of them actually do it on daily as well but daily doesn't give proper information and data you are looking for even if you do 5 minute chart intervals. Which is why hourly intervals on weekly changes are actually the way to go for most of these people. They check the MACD and they can check everything else and they see weekly pressure points and if it is under 200 or over 200 or whatever they want to check and I believe it is quite understandable.

If you do not like the yearly people who check their situation on the long term, just go with the day traders and see how they are doing, they do check a lot quicker than yearly which could work for you.
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September 05, 2020, 11:14:52 PM
 #45

I wont really validate the whole idea exactly but there is a change of sentiment to the price as we progress through the year.    Its also true in main market that the autumn or fall can be a time for selling, for something like BTC where half the world is not in autumn but spring I'm not sure how that makes sense but the world and even crypto has some dollar bias perhaps.
  Post labor day is the bell toll usually and of course if someone wants to say its nonsense thats fine but its just experience over many years people do pick this up as not a random thing.   The other thing to mention is holidays, there is a definite influence from certain holiday periods as it will mean less volume perhaps.  Same could be said of tax dates perhaps, funds trading in BTC have to report quarterly results and so on.   But generally I have a target for each year and I expect a peak and a pullback or profit taking from that peak, I've said the whole year for 2020 even before we began it that I think we come full circle.  I never thought we'd sell that hard but a couple did, I think thats mostly over but going down to 9000 is quite normal imo.

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September 06, 2020, 02:39:10 AM
 #46

After the big dump by the miners this is the best subject to talk and the price that we are going to reach before the yea's end, this dump will surely have a big effect on the price and everybody is now ready to make a new predictions, many people have already predicted another all time high, but because of this dump things are now changing and so are the predictions.

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