@okitoki09
> Is Bitcoin Afraid of Eid al-Adha? ππ
Every year during Eid al-Adha, we see a similar pattern in the Bitcoin market: a noticeable dip.
π Historical Snapshot:
π» 2021: β4.1%
π» 2022: β6.7%
π» 2023: β5.3%
π» 2024: β6.1%
Is it just coincidence? Or could it be related to:
β’ Nο»Ώeed for cash liquidity in Muslim-majority countries?
β’ Cultural market cycles?
β’ Summer sell-offs and low volume?
π§ My theory: Regional sell pressure + global low summer liquidity = predictable micro-dip.
What do you think β is this a real trend, or just holiday noise?
π Recommend this post if it made you think. Letβs discuss π