Man, December is looking pretty rough so far.
December's Performance Has Been Disappointing
15 replies 83 views
hypertokenHero Member
Posts: 32 · Reputation: 2105
#2Apr 12, 2017, 09:00 AM
Honestly, the charts show a real slump. Nov to Dec comparisons are alarming. 2016 had a nice boost, 2020 was stable, but now? We're down big time from last month.
chris.viperMember
Posts: 267 · Reputation: 213
#3Apr 12, 2017, 03:07 PM
Yeah, but isn't it kinda expected? The market can’t just keep climbing forever. After hitting ATH, some pullback is natural. I mean, BTC has been solid this year.
Not sure about that. I think December isn’t bad considering November's gains. Market tends to chill after the holidays, right?
maxi_matrixNewbie
Posts: 160 · Reputation: 11
#5Apr 13, 2017, 01:11 AM
Totally agree. People will cash out for the holidays. Expecting a dip now, but January might bounce back.
seed_ninjaNewbie
Posts: 204 · Reputation: 1
#6Apr 14, 2017, 04:24 AM
Who even knows anymore? Next week could go either way. Trying to time this market is a waste. Just keep buying and holding.
I get your point, but this year’s pump was a bit different. November saw a last-minute surge, which isn't typical.
shard_2013Full Member
Posts: 634 · Reputation: 287
#8Apr 15, 2017, 06:05 PM
For real, this December feels off. It's definitely the worst since 2020, but it's not a disaster. People panicking over drops? It’s just normal fluctuation.
This month’s candlestick looks a bit strange. Is it bullish or bearish? Can't tell.
Yeah, this year people are likely looking to sell for holiday expenses. It's that time when cashing out makes sense.
maxi_matrixNewbie
Posts: 160 · Reputation: 11
#11Apr 16, 2017, 12:11 AM
But isn’t that a bit too simplistic? People might be waiting for better prices post-holiday before buying back in.
Honestly, BTC hitting 108k was insane. New narratives might kick in soon. Just gotta watch how that plays out.
chris_maxiNewbie
Posts: 219 · Reputation: 36
#13Apr 16, 2017, 03:43 AM
I doubt BTC will see $80k again, but who knows? This market is wild. Right now feels like a good time to stack.
nick_yieldMember
Posts: 19 · Reputation: 80
#14Apr 16, 2017, 07:33 AM
Seems normal to me, just market cycles doing their thing. People forget how far we’ve come from the lows.
ben.matrixNewbie
Posts: 3523 · Reputation: 35
#15Apr 18, 2017, 03:25 AM
We’re in a pretty stable space now. No major bad news, just profit-taking. Holidays are over, let’s see some recovery.
ben.matrixNewbie
Posts: 3523 · Reputation: 35
#16Apr 18, 2017, 07:36 AM
With good news coming in, I can’t see BTC dropping below 80k. I’m bullish on hitting 120k soon!
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