Christmas only reason for downfall crypto market cap ?

[damsix]

It seems like yes because usually Christmas Day is always a dump like in 2019-2018 and 2017.
Maybe everyone sold all their bitcoins for the Christmas and New Year holidays.
So all those cryptocurrency traders and investors are selling Bitcoin to turn into Fiat for the holidays.

[codehash]

Not the only reason. But one of the reasons. When the new year comes, people need cash to pay their taxes. Sometimes it spends on entertainment. Such reasons are valid reasons for the decline.

[shadowdio]

It seems like yes because usually Christmas Day is always a dump like in 2019-2018 and 2017.
Maybe everyone sold all their bitcoins for the Christmas and New Year holidays.
So all those cryptocurrency traders and investors are selling Bitcoin to turn into Fiat for the holidays.

That's what I expected in the near Christmas Day the cryptocurrencies will falling down because spending money to celebrate. For now bitcoin is booming and also the altcoins seems we starting to bull run but let's see what will happen in the Christmas day if the market could be fall or not.

[elianafebry]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

I think this is a normal correction that occurs at certain times and will not affect anything because it will return to normal. no worries can be seen from the trade movements that occur.

[Cutter Cute]

Christmas is just a few days away from the increase in the price of coins such as BTC and altcoins, it seems that investors have not made withdrawals or selling crypto assets that they have for Christmas and New Year needs.
This situation looks good because we don't see a downward trend in prices after the new ATH is reached

[Alter]

The downfall was proven just a correction, not caused by Christmas or another factor. Look at today, even the Bitcoin price can reach new ATH. While altcoins are growing quite fast to follow Bitcoin. We don't need to worry if we must see a downfall. It may happen a moment to start for the next jump anymore.

[monig18]

I think Christmas is not the reason.It is a normal correction. Normal correction is healthy for the next Rise. We should not worry.Market never go up like a Rocket.It go up and then down.

[Bobcrypto]

Urs, cryptocurrecy is known for an up and down movement and may not be connected with Christmas in my opinion. However, in the period of Christmas, there are certain sentiment on the cryptocurrecy market, many participants will like to take some holidays, while some will also like to take some profit there by reducing their investment/trading activities untill the new year.
Again, there are possibilities of a market correction due to low demand at this Christmas time.

[Sharelock]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

Christmas is not the reason for the drop in crypto prices. Do you remember that crypto prices fluctuate, unpredictably.
The increase in price or decrease in the price of coins is actually due to the number of buyers or less buyers. It could also be due to trend factors.
If people think that at Christmas people need money to celebrate Christmas they sell all the crypto assets, that's not true. Because when people need money, they prefer to get money by means of short-term investments. And look what is happening right now, the market is green and bitcoin is close to $ 25,000
If everyone were to sell their crypto assets, there would be no way for bitcoin to reach $ 25,000

Again, there are possibilities of a market correction due to low demand at this Christmas time.

My analysis says otherwise.
Currently the market demand is very much and every day is increasing

[Jaguar]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

The scenario goes differently as we see Bitcoin pump into $23,000 in just few days. Long time bitcoin holders are definitely enjoying now when their long time awaited is over. Not all altcoins are dumping just some. Ripple is also increase and showing some positive signs to come closer in $1. Good Christmas for all who sell Bitcoin this time at $23,000.

[whyrqa]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

The scenario goes differently as we see Bitcoin pump into $23,000 in just few days. Long time bitcoin holders are definitely enjoying now when their long time awaited is over. Not all altcoins are dumping just some. Ripple is also increase and showing some positive signs to come closer in $1. Good Christmas for all who sell Bitcoin this time at $23,000.

I believe that there is a very great reason for keeping Bitcoin in the future, since there are all prerequisites for the growth of the cryptocurrency market today. Those who are trying to sell cryptocurrency today sell only the volume that they need to purchase gifts and for the festive table.

[Galley]

Now investors are selling exactly as much as they need to spend on Christmas and gifts, and this is not an indicator of the behavior of the market itself. Everyone just wants to have a good Christmas.

[kulkhan]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

Yes i also think that. Many People Withdraw Their Capital for Christmas Festival. It is big Festival for Christian Community. So they will withdraw money for this programme. So Cryptocurrency price will down. And it will continue Minimum 10 days i think. After that time Market will Normal.

[Piku]

I think Christmas has an effect on the price of bitcoin. Every year at Christmas, the price of bitcoin is likely to increase. While Bitcoin is very popular all over the world, new changes are taking place in the Bitcoin market around Christmas.

[Nikawe]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

No brother. When you posted your comments,then bitcoin market downfall but after 17 December we got the highest record of broken 2017 records. Don't worry please.bitcoin obviously Will Go to the moon.