We get paid on the 21st in Europe.
People needed the fiat for presents and sales. Nobody has fiat now.
A lot of people made an account in order to buy cripto.
I never knew anyone in Europe who got paid on the 21st, not a single person - but I won't argue. It makes sense that a lot of money would flow into crypto towards the end of the month, people won't have a lot left after Christmas.
I sure hopes so... sounds likely too, but that's exactly what I was thinking 7 or 10 days ago.
Starting the 21st people will get there fiat money and invest again in the 1 coin they know the best: bitcoin.
Okay, but why on the 21st, I see the 15th and the 31st as more likely ?
We get paid on the 21st in Europe.
People needed the fiat for presents and sales. Nobody has fiat now.
A lot of people made an account in order to buy cripto.
I never knew anyone in Europe who got paid on the 21st, not a single person - but I won't argue. It makes sense that a lot of money would flow into crypto towards the end of the month, people won't have a lot left after Christmas.
In The Netherlands almost everybody gets paid on the 4th week of the month.
It will be alright.
That would be ten days later in the rest of Europe, but that's probably as well. No use doing evrything on one day :)