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Author Topic: Will this be the Difference from the Previous Christmas for Cryptocurrency?  (Read 2632 times)

aiviaa485

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I yesterday saw photos on various Telegram groups for the price of Bitcoin. Unfortunately I am not quick to save the image of the price.
Where every Christmas the price for Bitcoin drops, maybe the reason is that all cryptocurrencies are sold for the holidays.
But for this Christmas it is very different, where for Christmas in 2020, all cryptocurrencies turn green and go up fast.

Will after this Christmas in 2021 the cryptocurrency price be Pump or vice versa a severe Dump ??

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Offline jonathancool220

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I think the price changes between Pump and Dump cannot be predicted accurately.
Maybe the price difference at this time of Christmas is felt, but I think someday the price can go up and down just like that.

Indeed, the history of cryptocurrency has always been repeated, but we don't know exactly what it will be like in 2021.

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The coming of institutional money and the opening of PayPal are two biggest things that contributed for the different scenario in Christmas 2020. Now, as to what can be in the next Christmas season, that can be so hard to predict. Maybe there is more likelihood of a pump for me, well all because I prefer to be positive these days. Traditionally, the last quarter of the year is not wonderful for Bitcoin but this time around it is pumping, yet we also know that a majority of the alts are not joining the party as investors are not keen on giving alts the attention needed.

Offline Andruha1993

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I think there will be a powerful pump and we will see the market completely green and high prices for top coins and various altcoins. This is just my opinion.
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Offline MRM

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Bitcoin prices have not risen much in the big days of other years. However, the price of Bitcoin has increased a lot this year around Christmas. As the price of Bitcoin has risen, so has the price of other coins. So most of the coins in the market are in a very good position.
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Offline yurez

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This year the Santa Claus Rally is taking place on bitcoin and this may signal to us that perhaps bitcoin will now be subject to the general seasonal upward trend in the market during the Christmas period, just like the classic stock market. Let's see if this trend continues next year.

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According to the past movement, Pump or Dump might happen due to unstable environment of crypto decentralized market. Government are hands off in this areas. However, they are trying to check mate cryptos by doing regulations against. This Christmas Bitcoin is calm in range of $22k to $23k which I think somebody behind it. Why all altcoins are dropping but Bitcoin remains calm.? Maybe it was planned and there are more plans to perform next days.
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Offline trauchot

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I believe that most likely first there will be a correction of the entire cryptocurrency market in 2021 and then immediately after this correction there will be growth and growth of the cryptocurrency market also will be in 2021, so I expect that various top cryptocurrencies will reach new heights in 2021.
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Offline Sharelock

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I yesterday saw photos on various Telegram groups for the price of Bitcoin. Unfortunately I am not quick to save the image of the price.
Where every Christmas the price for Bitcoin drops, maybe the reason is that all cryptocurrencies are sold for the holidays.
But for this Christmas it is very different, where for Christmas in 2020, all cryptocurrencies turn green and go up fast.
Everyone says, every Christmas the price of bitcoin will go down. To me that's bullshit.
Because crypto is volatile, it is not certain when it will rise and when it will fall.
Maybe this year it is time for crypto prices to start rising high after going through the red period for 2 years.

Will after this Christmas in 2021 the cryptocurrency price be Pump or vice versa a severe Dump ??
When there is a price going up, there will definitely be a price going down.
Going back to 2017, crypto was going up very high. And in 2018 all crypto fell really low
I will try to say my prediction for Christmas 2021, it will definitely start to fall in price
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Offline missbtc

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Bitcoin pumping takes a long time and this negatively affects altcoins.  I hope that after the new year, investors will exit bitcoin and start pumping altcoins.

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Re: Will this be the Difference from the Previous Christmas for Cryptocurrency?
« Reply #10 on: December 26, 2020, 06:37:34 PM »
We will find out after Christmas. But in my opinion I think bitcoin will hit another new ath after Christmas. Just try to look at the market how bitcoin paralyze the altcoin everytime it climb to another ath. This bitcoin bull run for this year is different and that is why I am now a believer of $50k for bitcoin the the first quarter of 2021.

Offline Blue_sea

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Re: Will this be the Difference from the Previous Christmas for Cryptocurrency?
« Reply #11 on: December 26, 2020, 06:38:23 PM »
Yes mate you got the point. This year we see the difference form previous year. We all know that in Christmas crypto currency duped this is very common situations in the crypto market but this year different. Actually there are several reasons for growing the market among them one is to involvement of different types of organizations in crypto market.

Offline Bobcrypto

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Re: Will this be the Difference from the Previous Christmas for Cryptocurrency?
« Reply #12 on: December 26, 2020, 06:58:22 PM »
As far as bitcoin pump is concerned, the demand is still more vital the impacts of the Christmas period. Sometimes the Christmas period may even bring about a sell off for the Christmas celebration expenses, that is, low demand.
Again, there may not be any difference from 2020 Christmas and the pervious years, though every year bring different patterns in terms of investments and trading activities.

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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
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.FOREX..TRADING FROM $1.
 
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INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
  
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
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FOREXTRADING FROM $1
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Offline Pheonyx

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Re: Will this be the Difference from the Previous Christmas for Cryptocurrency?
« Reply #13 on: December 26, 2020, 07:04:45 PM »
I hope so. But sometimes I'm tired of thinking about bull run because of being jealous for not getting anything when the bearish had come.;D
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Offline Thymoty

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Re: Will this be the Difference from the Previous Christmas for Cryptocurrency?
« Reply #14 on: December 26, 2020, 07:10:18 PM »
I think that at the end of this Christmas the cryptocurrency price will increase, because in the past few days there was a market correction, but at the end of this week people started buying cryptocurrency again. And I am quite optimistic about this positive trend.
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