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What effect will Christmas have on Bitcoin?

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Here is the last four years of activity for BTC, with the end of year period marked with a red arrow. This will roughly tell us how the price of BTC looked during christmas. read more

Typically, stocks that sell products that people get one another for Christmas, ex. clothes, toys, laptops, etc., are anticipated to have good earnings for the quarter that contains Christmas. I don’t think Bitcoin has a direct correlation to holidays like stocks do. read more

As you can see, the price does not have any common pattern during this time period. So for this year, we can’t anticipate the price based on previous year’s data. Other factors are more important than the time of year. read more

Here is the last four years of activity for BTC, with the end of year period marked with a red arrow. This will roughly tell us how the price of BTC looked during christmas. As it turns out, there doesn’t seem to be anything important or seasonal about the price of BTC during this time period. read more

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