How do the fiscal quarters of the year affect the price fluctuations of digital currencies?

1 answers

• Rocha NolanMar 19, 2021 · 4 years ago
  At BYDFi, we have observed that the fiscal quarters can indeed have an impact on the price fluctuations of digital currencies. Our analysis shows that the first quarter often sees increased buying activity as investors allocate funds at the beginning of the year. This can result in price surges for certain digital currencies. However, it's important to note that market trends and individual coin performance can vary, and not all digital currencies may follow the same pattern. Therefore, it's crucial to diversify your portfolio and consider other factors such as project fundamentals, market sentiment, and technical analysis when evaluating potential investments.
  669

  335