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Author Topic: Wow, The Best Crypto Christmas 🌲 Ever!  (Read 457 times)
Lmaooo (OP)
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December 25, 2020, 11:34:12 AM
 #1

I studied nearly all of the cryptocurrency markets during the Christmas 🎄 time.

The Christmas 🌲 markets were boring but not this one ... This Christmas 🌲 the market is looking good and healthy!



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December 25, 2020, 12:01:02 PM
 #2

I know you shared a pic about almost all cryptocurrency pumped, but trust me, i can't see your pic since its not clearly to see.
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December 25, 2020, 12:41:41 PM
 #3

New ATH on Christmas, I just saw that too. Not a coincidence it's happening as our North American brethren wake up I guess. Maybe all those presents opened from under the trees were filled with cash and stimulus cheques, dumped right into Paypal or Cash App or Circle or whatever it is people from there use to buy BTC;)

Merry Christmas then guys!

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December 25, 2020, 12:49:57 PM
 #4

Yeah, I think everyone is in the jolly mood this Christmas because it been a continues pump since last week, a super rally that we didn't expect (at least in my case). So let's just celebrate this holiday and share our blessings to other who are in need. And we have to thank bitcoin for that, eventhough in the beginning it was really a tough year specially with the Covid-19 in March, at least we are going to end the year with a new all time high. Merry Christmas to everyone, whichever part of the world you are.  Grin

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December 25, 2020, 01:20:02 PM
 #5

I am increasingly convinced that bitcoin movement is currently fantastic and continues to increase in a good trend, and to reach 25k is very close and most likely will happen in the near future and continue to increase.
And it looks like the current bitcoin movement has started to increase altcoins, it's a great holiday and I will sell a small portion of it for my vacation needs, and the rest I will hold mostly to wait for higher bitcoin prices.

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December 25, 2020, 01:30:32 PM
 #6

Yes, bitcoin makes a new ATH today Grin
The price still has a chance to increase, and hopefully, the price can break $25k in the rest of this year. But we need to be careful because we do not know if the price can still increase or not.



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Bitstar_coin
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December 25, 2020, 01:50:11 PM
 #7

I studied nearly all of the cryptocurrency markets during the Christmas 🎄 time.

The Christmas 🌲 markets were boring but not this one ... This Christmas 🌲 the market is looking good and healthy!



lol, it is not that difficult to see that many alts are up in % especially today the day of Christmas, actually i was expecting the market to dip even more because of the holidays and people may like to sell some of their bags to celebrate the festive period but it seems the reverse is the case here, see btc is pumping high as i make my post, over 24k at the moment and by January 2021 who knows what price we will be looking at.

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December 25, 2020, 02:43:57 PM
 #8

i was expecting the market to dip even more because of the holidays and people may like to sell some of their bags to celebrate the festive period but it seems the reverse is the case here, see btc is pumping high as i make my post, over 24k at the moment and by January 2021 who knows what price we will be looking at.

This year the rally is based on institutional long-term investment, not retail trading/gambling.

Institutional investors don't sell... especially not to "celebrate the festive period".
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December 25, 2020, 06:14:45 PM
 #9

I do not know if this is the best Christmas if comes to crypto prices (bitcoin specificall) but it is known to be a bullrun time which led to increase in bitcoin price. Although the price of bitcoin has been increasing right from yesterday from $23230 that bitcoin market closed but later increased to $24700 as its highest price today, now at $24100 which is still a good price. What I am now expecting is the price to increase in the coming year which has been what people are expecting.

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December 25, 2020, 06:24:24 PM
 #10

Best Christmas for btc holders no doubt,  I can't help but be happy to see btc doing well this December even though I would really really have loved to see alts performing with btc, am so waiting to see alt season will come finally, but we must give credit to the number crypto in the world "King btc" for this great performance.
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December 25, 2020, 07:12:59 PM
 #11

I studied nearly all of the cryptocurrency markets during the Christmas 🎄 time.

The Christmas 🌲 markets were boring but not this one ... This Christmas 🌲 the market is looking good and healthy!




But you told us it was a Christmas bear market ... ? ... https://bitcointalk.org/index.php?topic=5303033.0
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December 25, 2020, 07:32:35 PM
 #12

I studied nearly all of the cryptocurrency markets during the Christmas 🎄 time.

The Christmas 🌲 markets were boring but not this one ... This Christmas 🌲 the market is looking good and healthy!




But you told us it was a Christmas bear market ... ? ... https://bitcointalk.org/index.php?topic=5303033.0

He changed his mind.

Its very unexpected that it will just spike that high and then drop again. If you have managed to sell at the peak of the price then congrats, take it as a gift from the ones who bought at such high price. Its christmas anyway, but one could say its a very manipulated market. After just a day, the price can leap so high.

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December 25, 2020, 08:41:47 PM
 #13

Yes it is the best crypto Christmas so far the last time that I got happy in Christmas because of crypto was back on 2017.
It felt like crypto gave us a great Christmas bonus for working or believing on it.
Happy Holiday to all of us.

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December 25, 2020, 08:49:33 PM
 #14

It isn't really boring because if you held bitcoin for a long time or at least two years up to now or with the short cut since March, you'll have to celebrate your holidays!
We're not yet done and bitcoin is about to show another ATH which is anticipated for the year of 2021. This year, is one of the best example that bitcoin is really unpredictable and we will never know how much it would increase in the next years. That's why those unrealistic claims could come up into reality and become true having at least some chance to make it happen.

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December 25, 2020, 09:46:40 PM
 #15

I studied nearly all of the cryptocurrency markets during the Christmas 🎄 time.

The Christmas 🌲 markets were boring but not this one ... This Christmas 🌲 the market is looking good and healthy!




As we experienced green days this Christmas referring to the graphical presented, its been confirmed positive compared last year. We've totally surpassed the hard times, and now we're starting over for new chapter of bitcoin which is commencing. Next year would be a good future for all of us, and hopefully we'll also see other altcoins to climb up higher reaching top most price same with btc as a good chance for other uprising projects.
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December 25, 2020, 10:30:33 PM
 #16

i was expecting the market to dip even more because of the holidays and people may like to sell some of their bags to celebrate the festive period but it seems the reverse is the case here, see btc is pumping high as i make my post, over 24k at the moment and by January 2021 who knows what price we will be looking at.

This year the rally is based on institutional long-term investment, not retail trading/gambling.

Both. This is an illiquid market where retail investors actually have the capacity to move markets. Now that we're above the 2017 ATH again and the CNBC, Forbes, etc. hype news cycle is reemerging, I'd say retail investors are very relevant now.

Institutional investors don't sell... especially not to "celebrate the festive period".

Of course they sell, they just don't panic sell or constantly flip positions the way retail investors do. They ease in and out of positions to reach their target portfolio allocations.

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December 25, 2020, 11:11:57 PM
 #17

Of course they sell, they just don't panic sell or constantly flip positions the way retail investors do. They ease in and out of positions to reach their target portfolio allocations.

TBH, their sells could be much more harmful than retailers because they also have positions in futures and guess what, it doesn't take too much pain for them to just push/pull the markets whenever they wish to, just to liquidate retailers and fetch away their money. I believe that enough volume has now been gathered by them over many different exchanges because whenever I see a move at Binance, the same moment it starts to dance on other exchanges as well.

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December 25, 2020, 11:41:58 PM
 #18

The previous price history of Bitcoin during the Christmas season was indeed low compare to this year’s trend and its really good that there’s a chance for us to end the year on a good up trend. The market celebrates the up trend and many still don’t want to sell their holdings since they believe for a more good one, they’ll buy more for sure and continue the trend.

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December 26, 2020, 02:01:50 AM
 #19

Of course they sell, they just don't panic sell or constantly flip positions the way retail investors do. They ease in and out of positions to reach their target portfolio allocations.

TBH, their sells could be much more harmful than retailers because they also have positions in futures and guess what, it doesn't take too much pain for them to just push/pull the markets whenever they wish to, just to liquidate retailers and fetch away their money.

I don't see why involvement in futures would make them more harmful. Cash settled futures can't lead spot markets because there is no arbitrage mechanism, no way to generate parallel supply on spot exchanges. As for Bakkt, there is no leverage involved.

There have always been shakeouts where retail traders get liquidated and where retail investors panic sell. Always will be. That's the nature of markets.

Bitcoin has always had whales too, and people have always blamed those whales for manipulating prices. As coins get redistributed over the years, those whales are gradually changing from early adopters to institutions, but the dynamic is the same.

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December 26, 2020, 03:00:21 AM
 #20

not all crypto market but mainly the btc market only and also not only on this year but there are years earlier than 2018 where btc or other market of cryptos are also healthy . the price isnt big as before but people are happy and thankful that year because cryptos reached their ath but the real fun wont occur if you havent got yourself a crypto  .

its okay if we dont recieve gifts from people that we know but as long as prices are good and we have a crypto and we are in profit , that is already the best christmas present ever .
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