How will the events in the coming months affect the value of cryptocurrency?

[Lyrrex]

From my own analysis, there's a very high tendency for the price of bitcoin to surge, due to high demand and scarcity

It’s been known that the value of bitcoin flunctuate during festive periods but this year may seem different due to the ongoing pandemic(covid19) .
From your perspective how do you think the December season will affect the value of cryptocurrency?

 

[Kamon c4]

From my own analysis, there's a very high tendency for the price of bitcoin to surge, due to high demand and scarcity

It’s showing the signs already moreover it’s been said that bitcoin will hit $20k at the end of this year

 

[Kamon c4]

The world is all about taking risk and choices. So is up to you

Life itself is a risk. Everything we do in this life is a gamble but we just don’t know it. Each decision we make in our everyday life is a gamble. So why play safe?

 

[Ralphjoe]

This December festive period will not lead to any dip in the cryptocurrency because we are actually in the coronavirus pandemic. In which the cryptocurrencies are pumping so high because a lot of people actually move their investment from the real economy into a cryptocurrency asset.

 

[Senator]

The events would not slow down or affect the rising trend in Bitcoin at all. It will rather enable it to increase in it's value as speculated. Bitcoin is in for a very great and massive pump in the coming months

 

[Sincerem]

The festive periods even helped pumped the price of Bitcoin. The last one saw magnificent Cryptocurrency increase, all the coins made huge success.

 

[Chibson]

It seems that events drive the prices of cryptocurrency more than anything. Those who are ahead of others a news about cryptocurrencies will always make huge gains.

 

[Shigobad2020]

It’s been known that the value of bitcoin flunctuate during festive periods but this year may seem different due to the ongoing pandemic(covid19) .
From your perspective how do you think the December season will affect the value of cryptocurrency?

Its normal do any crypto currency to stay stagnant during any festive period and its has been confirmed now that they didn't moved up or come down , but I predict crypto currency will rise before December .

 

[Eodine]

The festive season has come and gone and I think that we could all see that there was a general rise in crypto which maybe due to the fact that we were already exposed to the benefits.

 

[Abigael]

I have never known that even the festive season contributes to flactuations in the price of cryptocurrencies. I wonder how that happens. Could it be that most people trade during that period due to need to have more fun money?

 

[Zubair]

It’s been known that the value of bitcoin flunctuate during festive periods but this year may seem different due to the ongoing pandemic(covid19) .
From your perspective how do you think the December season will affect the value of cryptocurrency?

I think it would go up and up. Bitcoin fluctuates also and price comes to a lower level but it will go up as far as I think. The reason behind that is, not everyone is aware of it, and thousands of people who get its awareness, invest and buy it. Due to which it goes up. So I can say that more people would be investing for it and it will keep moving up.

 

[Shigobad2020]

I have never known that even the festive season contributes to flactuations in the price of cryptocurrencies. I wonder how that happens. Could it be that most people trade during that period due to need to have more fun money?

It's normal do the value of crypto currency fluctuate during festive season , because that's how it happens even the valiue of goods in the market do flunctuate during festive season but i believe it won't affect crypto currency this time.

 

[Mostee501]

Festive seasons can actually influence the cryptocurrency market more positively than negative. The main thing is to be observant and lets see how it goes.

 

[Sincerem]

It seems that events drive the prices of cryptocurrency more than anything. Those who are ahead of others a news about cryptocurrencies will always make huge gains.

I'm just hearing this recently that price of Cryptocurrency fluctuates very high in price during festive periods. I witnessed last December's bullish Cryptocurrency run. But we shouldn't expect such all the time every festive periods. Things can change, because crypto is full of uncertainty.

 

[joy101]

I don't really know the events that will affect cryptocurrency coming next month, I don't think anyone can know what will happen to cryptocurrency next month.

 

[Sincerem]

The poster is talking about the festive events, if it will affect the prices of digital coins. To be frank it won't affect them negatively, I'll say positively. During the festive period people do invest their funds and expect it to grow since others will be withdrawing to clear their bills and make the festive period satisfying. The flipping won't be much, cos their is life after festive months, and people want to earn more, so it will make them investing much too.

 

[Richard92]

Festive celebration that is going on presently in China will affect the rate of cryptocurrency negatively because people will not have that intention of investing more on the electronic currency.

 

[Promise]

The USA economy is under inflation leading to the rise of most cryptocurrencies. The crypto market is now stabilizing once more with the buying strength of dollar regaining it strengthen

 

[Patrik]

it depends on what sort of events that people will have to deal with, the pandemic is surely affecting it positively because many people started using it, also influencers can contribute on its price depending on their opinion (positive or negative)

 

[Sincerem]

it depends on what sort of events that people will have to deal with, the pandemic is surely affecting it positively because many people started using it, also influencers can contribute on its price depending on their opinion (positive or negative)

You're conditions like the global pandemic influence it positively. I don't see any event be it unforseen or foreseen that won't be suitable for crypto development. Crypto is done digitally and not physically, and that will always make it improve constantly cos people are simply interested investing steady around it.