Leeann Brickman ZWuh
@Square-Creator-86610e1ef473
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#ChristmasMarketAnalysis
#ChristmasMarketAnalysis #ChristmasMarketAnalysis
Does the Christmas market still exist? An analysis of history and reality for you.
At the end of each year, cryptocurrency enthusiasts dream of the so-called 'Christmas market,' which means when liquidity and market sentiment increase during the holiday season, major cryptocurrencies like Bitcoin will experience a price surge at the end of the year. However, this year's market activity and comparisons with data from recent years may cause people to reconsider this long-held prediction.
'The Christmas market' goes into history
1. The peak of the bull market in 2017:
Bitcoin began to correct sharply after reaching an all-time high of nearly $20,000 on December 17, and a few days before Christmas, there was a brief recovery but ultimately continued to decline, failing to establish a 'Christmas market' trend.
2. The growth market of 2020:
#ChristmasMarketAnalysis #ChristmasMarketAnalysis
Does the Christmas market still exist? An analysis of history and reality for you.
At the end of each year, cryptocurrency enthusiasts dream of the so-called 'Christmas market,' which means when liquidity and market sentiment increase during the holiday season, major cryptocurrencies like Bitcoin will experience a price surge at the end of the year. However, this year's market activity and comparisons with data from recent years may cause people to reconsider this long-held prediction.
'The Christmas market' goes into history
1. The peak of the bull market in 2017:
Bitcoin began to correct sharply after reaching an all-time high of nearly $20,000 on December 17, and a few days before Christmas, there was a brief recovery but ultimately continued to decline, failing to establish a 'Christmas market' trend.
2. The growth market of 2020:
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What can I buy now, admin? I still have full cash.
Is anyone still believing in the uptrend? Are you all scared now? The market makers are really good at manipulating psychology. Just the other day, I cashed out into USDT to preserve my capital, and many people were making snide remarks. Now I'm still gradually buying things here, after that I will take a break for the Lunar New Year and shut down. If anyone is scared, just sell. If the price drops further, I don't care. 90% of my investment is in top coins, and 10% in altcoins. If anyone likes altcoins that can x5 or x10, that's up to you, I only invest 10% and that's already a lot for me.