Could this be a frequent end of year package, a window to buy Bitcoin or Not?

[Sim_card]

Your observation is not right. What affects the price of bitcoin is demand and supply and not the end of the year. If you look at the price of bitcoin provided for you by @Zaguru,you will see the difference in price at the month of November to December. I don't think that the Christmas period affects the price of bitcoin. Last year December the price soar drastically because of the bad scenario in the crypto market,the crash of FTX played a major role on that because of the spread of the FUD. If you are waiting to buy by the end of the year,the price of bitcoin will disappoint you because it will be higher than this current price. It is better to buy now than later even if bitcoin price can't be predicted.

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[tranthidung]

You're talking about the halving, if it's already proven then I wouldn't say that it's likely to happen again because the pattern is enough proof that it's guaranteed to happen. And I don't think that we have to doubt that because bitcoin will only go up even if it faces bad years throughout this "cycle". Kind of ironic to call it unpredictable when we all know that the pattern is going to repeat itself.

If talking about halving effects, I think we will see such effects but let's have a wider view than one halving. We believe in halving effects but I would like to see effects after two halvings and more.

Because the cycle can be broken in one halving but I am very sure that after 2 halvings and more, effects will be shown very clearly. So we can skip not only daily, weekly market movements but also can ignore price movements in one cycle like 4 years. After 2 cycles, 2 halvings which are about 8 years, we will see big effects and a new all time high will certainly be made.

[mendace]

Fluctuations in the prices of Bitcoin and other cryptocurrencies can be influenced by a variety of factors, including supply and demand, market news, regulatory decisions, and even seasonal factors.Your observation regarding the Bitcoin price decline towards the end of the year could be a coincidence, as price fluctuations are often unpredictable.  There is no set rule or specific reason why a dip might occur during that time.  Cryptocurrencies are influenced by many variables and their price can be subject to sudden and even unpredictable changes. Also, the fact that the price does not behave as expected during the holiday season is not unusual.  Even the traditional market can react in unexpected ways during the holidays.

[BVeyron]

With my little experience in Bitcoin I've discovered over a range of 2 consecutive years precisely 2021 and 2022 that as we approach end of year the price of Bitcoin falls tremendously
Please why is this and could it be that the digital currency is likely wanting to create a window for people to make use of the opportunity for other investors or what?
I expected normally that during the periods of end of year's festivity there should be a rise in Bitcoin price that is sustained for let's say 5 months after with little fluctuations but it's not been so. My point is why does this happen as we draw to the close of year so far?
What's your take on my observation? Have you noticed this too?
What could be the reason behind it?
Your response is appreciated!

I think that it can happen due to people spending their savings for Christmas presents. Many people buy really expensive things during this period of time, so they sell their BTC savings in order to get large sums of fiat money, so cryptocurencies become cheaper. So, I think, these fluctuations are dependent on seasonal market trends.

[serjent05]

There is a cycle on these periods and that's what you need to know about, the four year cycle. It's proven to be like that and likely to happen again starting next year and so on.

As the market is unpredictable, so these events in between the cycle are likely to happen again. As I've said that it will happen by next year which is the halving of Bitcoin will happen.

And from there, you'll see how the market reacts until the bull run is in.

I believe the four year cycle had already transitioned to the new cycle starting with a bearish trend.  The cycle does not end when Bitcoin has its halving event or when Bitcoin breaks it ATH, these event.  Cycle starts with bearish market and ends with bearish market.  The bull market and ATH breaking event is somehow on its mid-cycle as explained by the person who introduced the Bitcoin four-year cycle, Bob Loukas

I think the end year package this year will somehow have a Bitcoin recovery due to the effect the upcoming halving.  Regardless, it is still an opportunity to buy because there is a high possibility of a new ATH in the year 2025.

[Blitzboy]

This is a standard example of how the market changes with the seasons and how people take advantage of tax losses. People sell things to make up for gains or loses on their taxes. Its a kind of financial spring cleaning. Also, before the new year, the big institutions generally rebalance their portfolios and take profits. So, its not so much that Bitcoin wants to make a "window" as it is that people want to, so to speak, change their own windows. If you time it right, this could be a great time for you to "discount shop" in the crypto market

[kryptqnick]

It seems that it's been sufficiently explained that there's no end-of-year price drop regularity, as even if we take only a period of a few years, it's easy to see that sometimes Bitcoin goes up, and sometimes it goes down during that time. There are charts that monitor Bitcoin movement by months (so, how Bitcoin is in August of various years, September of various years etc.), but there's a lot of variation there as well.
What I do think might be something is a cycle length, but it can also be purely coincidental. I count it as a period between an ATH of one bull market and the next time that ATH is repeated after the bear market.
Bitcoin reached $1k in December 2013, and then again in February 2017. So that's 3 years and 2 months, more or less. Then Bitcoin reached $19k in December 2017, and again in December 2020. That's 3 years. Bitcoin reached $69k in November 2021, so I assume it'll reach that point again between November 2024 and February 2025.

[michellee]

People may want to celebrate the end of the year and the new year so they sell their Bitcoins to get money. But maybe that's not the reason because I think it's because of the negative news that makes people panic and instantly sell their Bitcoin.

And there are other reasons we don't know so we can only predict and guess. But if it were about a decline in Bitcoin prices, it would be a great time for Bitcoin investors to buy more. They will not question why this can happen because their focus is only to collect as much Bitcoin as possible.

And it also provides an opportunity for new people who want to invest in Bitcoin so that they can buy at low prices. And you don't need to question it either because we all don't know the real reason.

[KiaKia]

I don't want my head wrapped around the idea that Bitcoin will repeat history, this is the present not the past so anything can change at any time, I won't wait around thinking because the last bear market deceived many people so the same will happen again, a bear market is bear market and the only way to not lose yourself is to DCA slowly into your favorite gems.

The big players like black rock and others are doing all they can to shake many people off the crypto space right now, and only those who are brave will remain, how low Bitcoin is going to go is not what matters to me, what I am most into is making money to keep accumulating before it's over.

A piece of advice, take action and wait for the better days, nothing stays the same for a long period, this bear market will come to an end, probably after the next halving, from now till next year could be the last chance we have to accumulate.

[Mpamaegbu]

I expected normally that during the periods of end of year's festivity there should be a rise in Bitcoin price that is sustained for let's say 5 months after with little fluctuations but it's not been so. My point is why does this happen as we draw to the close of year so far?

Why would you expect price to rally up during festivities? I wouldn't expect that because I know it's the period investors like to take profit and allow the market breathe and cool off. They want to take time off from the market, relax or go on vacation and all that with families. Market is expectedly dull during such period, no much activities. In 2017, the ATH narrowly escaped the Christmas of that year. In 2021 it was a complete different thing as it happened months to December.

Talking about Bitcoin providing a periodic window for people to get in, it's market correction and that's expected. Sadly, not many people utilize that opportunity to get in at a discount because it's often characterized by fear that it could provide a further steep in dump.

I don't want my head wrapped around the idea that Bitcoin will repeat history, this is the present not the past so anything can change at any time...

Honestly, I will be one of the numerous numbers who will be hugely disappointed if we don't get a repeat of an ATH usually witnessed after Bitcoin halving. I'm banking on it to happen. It will be a heartbreak if it goes awry like what happened after Litecoin halving a few weeks ago, specifically on August 2, 2023. Price has continued on a fall since then. I hope Bitcoin won't do what you're speculating and go the way of LTC.

[jeraldskie11]

Please why is this and could it be that the digital currency is likely wanting to create a window for people to make use of the opportunity for other investors or what?

It's not like that. No one can manipulate or dictate the price of Bitcoin. We are here in crypto to earn money from investments or trades, so we couldn't control anyone if they are going to sell their Bitcoins no matter what's the reason behind that. It's a matter of supply and demand. If someone going to sell their Bitcoin, it's price will decrease depends on the volume. So if someone thinks that this is an opportunity to buy because they think or analyze that this price is currently cheap then it's up to them. One thing is sure, there's always an opportunity in the market.

[hatshepsut93]

With my little experience in Bitcoin I've discovered over a range of 2 consecutive years precisely 2021 and 2022 that as we approach end of year the price of Bitcoin falls tremendously

Why use your own very short experience when you can look at the full price history from the beginning and analyze the bigger picture. You would notice that there's no pattern of Bitcoin falling at the end of the year. The only pattern is the bull and bear cycle that starts after a halvening.

There are no reasons why Bitcoin performance should depend on time of the year, this is not a stock that has quarterly reports, or a bond that pays dividends at certain dates.