I got info that BTC is going down every January. I checked that info on BTC chart and and it could be true. Check photos below and do you think BTC will go down this January too?
January 2014
January 2015
January 2016
January 2017
Please let me know what you think about this observation and prediction. Also, let me know other sources of information. If you have any in comments below.
Keep Following for more such informations.
A drop in January is reasonable. Many traders will sell in January so they will pay taxes next year. That's what I'm planning to do too.
There can be many reasons. You also mentioned a very significant reason for which I haven't thought of. Also after 2nd January there is not any big news on Bitcoin. Also, many countries planning to put regulations. So They will also play an important role
Everything is possible.....
Yeah.. This is an interesting chart. I guess BTC will complete its last shoulders downtred in january only.
Time will tell...
Very informative and good post my friend... keep steeming... May be some of the people withdraw their bitcoins for New Year parties in the December and the impact lasts the whole month of January... Just a guess from me....
Thanks for your support on my findings. I am also hoping same as this is the trend since Jan 2014 every year.
yeah lets see...
@OriginalWorks