@cryptovestor I follow you on yt and I think you always have good insights, that said, since you have been in the space for long, how'd you compare btc's downtrend to past years on this time of year? Has it always become bearish due to tax payments or is this an unusually bearish trend? And, why are you not selling btc yet? Thanks for your time
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I don't believe there is seasonality in prices, mostly from my experience with stocks although funny enough there was a phenomenon called the January effect in stocks that might be happening with cryptocurrencies too. I think it's mostly coincidence though than anything else. I am not selling my bitcoin just because I prefer selling it when it pumps than when it is selling off.