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Author Topic: Wow, The Best Crypto Christmas 🌲 Ever!  (Read 463 times)
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December 26, 2020, 06:28:05 AM
 #21

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!



If you follow the bitcoin market, you will see that the market is not boring because the market can go up and down many times, and sometimes, the price drops too far and make us panic. As what happens to XRP yesterday, the price is down fast and reach $0.2. That is happening to bitcoin which is dropped for $300-$400 (if I am not mistaken). But bitcoin price will increase again, and I hope that the price can start the rally and break $25k this month. It is a surprise to us after we see bitcoin price down for a while, which gives us a hope to see bitcoin price will break the other high price.



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December 26, 2020, 07:56:24 AM
 #22

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.

2021 will be big for bitcoin market, TA indicates that there are still more room for us to see and hit $30k or even more in the next 12 months. Of course we are happy to see how 2020 ended up, never anticipated such movement, but when big companies enter the picture the price really went on the roof and almost touching $25k now.

Of course the market is in the whole boom/bust cycle, but this one, we have the upper hand and the cycle whether there is really a 4 year or 6 year depending on your prediction.

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December 26, 2020, 07:44:29 PM
 #23

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.

I agree that leverage trading can't lead spot markets but it holds its own importance and I've also seen sometimes that leverage has had a huge difference in price from the spot markets (many times) and it also dragged the spot markets towards the direction it was heading. Futures traders have their own ideology while spot traders trade with a different perspective and it's true that it's the spot that leads futures, but sometimes we may notice some huge gaps between market prices and the prices ongoing in futures.

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December 26, 2020, 09:56:57 PM
 #24

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!



I agree on this one and the other on the thing that happened in 2017 where holidays did really give out some serious profits in most people whom do engage on that time.
Where most alts is mooning and people do get huge profits or money into bounties and gains with their portfolion.It might be similar when it comes to Bitcoin price movement for this year
but we can see that it isnt happening on most alts.Yes, they do still have some increase but not as much as we have seen into those old years.
We cant deny that this is really a good Christmas and a New year for us crypto holders and investors where we do see new ATH's or peaks which do really give out some boost and good feeling.

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December 26, 2020, 10:30:56 PM
 #25

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.

2021 will be big for bitcoin market, TA indicates that there are still more room for us to see and hit $30k or even more in the next 12 months. Of course we are happy to see how 2020 ended up, never anticipated such movement, but when big companies enter the picture the price really went on the roof and almost touching $25k now.

Of course the market is in the whole boom/bust cycle, but this one, we have the upper hand and the cycle whether there is really a 4 year or 6 year depending on your prediction.
I was talking about the "another ATH" and yet it just happened this day. Bitcoin made it to $26,400 very fast. And by the time you've typed, you're just at $25k and now it's $26k.
If you think that $30k will possibly hit by 2021, what I'm saying about those unrealistic claims for next year like 6 digits has a chance to happen because of this parabolic move that bitcoin is showing. And that's what the other TAs says.

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December 26, 2020, 11:15:15 PM
 #26

Recently, BTC carved out an all-time high. Soaring investor demand is also because of their interest in Bitcoin’s rapid profit potential;
currencies that they claim are immune to inflation. So this Christmas they don’t want to sell their bitcoin quickly. Unlike the previous
Christmas we couldn’t see a green bitcoin market like this.

/font]
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December 27, 2020, 01:41:29 AM
 #27

Excellent Xmas for Bitcoin, not so good for crypto, especially Ripple.

Bitcoin dominance over 70% and rising.

Dump your crypto. Buy Bitcoin.
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December 27, 2020, 07:15:41 AM
 #28

Things have taken a unexpected turn, crypto decide to never remain the same again thanks to the better awareness by big institutions and top payment solutions around the globe, finally we can now stop comparing the next bullrun to the ones that happened in the past cos they aren't the same anymore, bTC dominance is now over 70%, that's new, in December period? Awesome, so awesome indeed

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December 27, 2020, 10:45:12 AM
 #29

Everyone is happy now, but just as XRP news hit, everyone was selling and fearing and the same OP that we see here creating the topic also created a topic about how Christmas bear has already started. I always knew that people changed ideas about bitcoin very quickly, but to see a topic on top of each other one where OP said bear started and another that talks how bitcoin and crypto is doing awesome is really weird. How did you changed your mind in a single day?

I would say do not change your mind this quickly over things, bitcoin has always been great, and will continue to be great and just because there are tiny bit of corrections and just because XRP went down a lot, do not consider crypto to be in a bear run right away, bear run starts very late compared to other times, which is why we should always be considering it doing well until proven otherwise.

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December 27, 2020, 10:55:29 AM
 #30

Things have taken a unexpected turn, crypto decide to never remain the same again thanks to the better awareness by big institutions and top payment solutions around the globe, finally we can now stop comparing the next bullrun to the ones that happened in the past cos they aren't the same anymore, bTC dominance is now over 70%, that's new, in December period? Awesome, so awesome indeed

The dominance of bitcoin continue, very nice gift to every crypto holders.

It's best to see that the price keeps on rising and aiming for much higher ATH,  though some alts are experiencing slow to nothing
increase in value, some are bring dumped seems investors are relly into bitcoin and enjoying the benefits.
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December 27, 2020, 12:50:38 PM
 #31

At this time, what helps a lot is the demand, which generally increases, and although many do not recognize it in DeepWeb, the demand increases, and it causes many businesses to move in that part, all this helps the price of Bitcoin continues to rise, I hope that by the entrance of 2021 it continues with this trend.

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December 27, 2020, 01:31:03 PM
 #32

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!




It is the best time for us when the time that pandemic is bringing fear to the world, all throughout the year, we are restricted people are losing their jobs and many got sick because of infection brought by CoVid, it is only this time that we get to celebrate because of the continuous milestone Bitcoin is bringing to the community, it's the best Christmas so far for us since the creation of Bitcoin.

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December 27, 2020, 01:42:32 PM
 #33

Excellent Xmas for Bitcoin, not so good for crypto, especially Ripple.
Yeah, this Christmas was a blow becasue of Bitcoin price and we're happy. The ripple issue from the SEC was overdue becasue of their dubious games through crypto. Maybe after Ripple the Tether coin will follow suit through SEC as a means to clean up the Cryptocurrency space.
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Bitcoin dominance over 70% and rising.
Maybe it will surpass what we had in 2017.
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Dump your crypto. Buy Bitcoin.
I wouldn't consider that for now becasue after this Bitcoin rally there will come the Altcoinseason, so, if there are good crypto anyone is holding then hold unto salvation, it's a matter of time.

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December 27, 2020, 01:46:25 PM
 #34

It is the best time for us when the time that pandemic is bringing fear to the world, all throughout the year, we are restricted people are losing their jobs and many got sick because of infection brought by CoVid, it is only this time that we get to celebrate because of the continuous milestone Bitcoin is bringing to the community, it's the best Christmas so far for us since the creation of Bitcoin.

First, my family and I say Merry Christmas to you and your family at home, I hope a peaceful Christmas will always illuminate your daily life and your family, Amien

Yes, it's true, friend, that in welcoming Christmas this year we can be blessed that after experiencing several months with the covid-19 problem that has been unrelenting until now, we are given the good news that bitcoin gives many people the opportunity to reach with fantastic value.
Hopefully this will continue to reach its highest next year, so that there are many opportunities for our brothers who may indeed be affected by the pandemic to enjoy happiness.

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December 27, 2020, 03:20:37 PM
 #35

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.
I always fear that during this Christmas period there will be a minor dump in the price of bitcoin due to massive exchanging of btc to fiat for buying stuffs such as gifts and other essential services however this year turned to be exceptional rather for a dump in price btc continue to break all barriers and soar higher, when I scanned through all the previous Christmas periods in 2017, 2018 and 2019 it was obvious that there is always a minor pullback probably due to withdrawal by some few hodlers I hope 2021 will be a year that bitcoin will continue to form another ATH.

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December 27, 2020, 06:56:16 PM
 #36

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!
It is a literally new market and you cannot have a huge data to analyze but still if you look at the past market situation normally the market would have a slight correction during December and holiday season but this time around there are institutional investments coming in whenever we expect a correction and that has taken the market to new levels than we expected.
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December 28, 2020, 08:37:37 AM
 #37

Nobody really expected this, price was around at 23k or so after reaching over 24k, it had a small but decisive correction so everyone assumed we would go into the new year with 23-24k range, and nothing more. This superb increase not just in bitcoin but almost in all crypto showed that the world was basically ready for something much bigger. I don't know how much higher we will get, maybe we will become 40k very soon? Maybe we won't? Maybe we will reach to over 50k? Maybe we will crash under 20k?

Nobody really knows what is going to happen but that is the fun of it as well, crypto is volatile and always does unexpected things which is why we are involved with this. If it was more like stocks we would prefer stocks anyway, they are more established at least, but since we are not like that and we always do the most unexpected jumps, people go into crypto to take that risk but get that huge reward if they are right.

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December 28, 2020, 10:43:33 AM
 #38

We got a surprise from bitcoin at the end of this year. Bitcoin price can hit $28 before, and the price now is trying to increase and still have a positive trend to go up again. So we might see another surprise in the rest of this year and if until the end of this year, the price can still increase, we will see bitcoin and altcoin can go up higher. I think the bull run is almost coming, and the increase of bitcoin price now is a beginning before the real bull run will come later. We should use this moment to take profit while we can, so when the price is down and make a correction, we can be ready to buy at a low price.

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December 28, 2020, 10:49:08 AM
 #39

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!



Only if you are not a XRP Holder/investor ,Because Christmas wasn't the same for them ,and market will tell you why.

Bitcoin,Ethereum and Litecoin Holder are the one whos really celebrating now, While DEFI Seems like having a Silent celebration  Grin

At this time, what helps a lot is the demand, which generally increases, and although many do not recognize it in DeepWeb, the demand increases, and it causes many businesses to move in that part, all this helps the price of Bitcoin continues to rise, I hope that by the entrance of 2021 it continues with this trend.
Demand for What ?Sorry but Those who invest in Bitcoin usually are keeping the Coins at hold and no Hurry to dispose or Use.
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December 28, 2020, 10:54:59 AM
 #40

Quite happy but don't expect too much with this huge spike in Bitcoin's price as it might be the same thing as the 2017-2018 thingy where Bitcoin is going up and up in 2017 and when 2018 comes this is the year of hell for those who bought Bitcoin at the top. Best crypto Christmas maybe for some but not for me Cheesy. I expect more of this in the upcoming years Cheesy.

Institutional investors don't sell... especially not to "celebrate the festive period".
Not now but next year they might sell and this is the problem that we are seeing right now.

They are slowly accumulating more Bitcoins throughout the days and as they are adding more Bitcoins, they are increasing their power to manipulate the market.

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