Copy-paste | Bitcoin does not grow on holidays

Bitcoin fans tend to time a new round of growth for the first cryptocurrency with every holiday. DayThanksgiving is no exception in this regard. Many traders are beginning to wonder whether they should expect large-scale movements during the holiday period.

However, the analysis shows that the dynamics of the assetduring and immediately after Thanksgiving is quite unpredictable and, with the exception of November 2017, unimpressive. Meanwhile, many analysts are convinced that Bitcoin tends to grow during the holidays.

Bitcoin and holidays

Many community members expect from Bitcoingrowth during the holiday period is by no means unreasonable. First of all, traders in the US often go to visit relatives or go shopping on Black Friday, leaving behind half-empty order books.

In addition, conversations at the festive feastoften delve into financial topics, so it's not hard to imagine this asset class getting more hype. Who knows how many skeptical investors or traders have changed their minds during such family get-togethers?

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