#ChristmasMarketAnalysis
#ChristmasMarketAnaly
In the past 10 years, the price of Bitcoin (BTC) during Christmas has undergone many notable fluctuations. Here are some key price points on December 25 each year:
2014: $318
2015: $430
2016: $900
2017: $14,302
2018: $4,021
2019: $7,266
2020: $23,760
2021: $50,888
2022: $16,849
2023: $43,254
These numbers show that Bitcoin has experienced strong cycles of increase and decrease over the past decade. In particular, after each Halving event (which halves the block reward), the price of Bitcoin tends to rise significantly in the following 12-18 months. The next Halving event is scheduled for 2024, which is expected to positively impact the price of Bitcoin in the near future.
Currently, the price of Bitcoin is around $95,194.
Some experts predict that the price of Bitcoin could reach $100,000 by Christmas 2024, based on strong interest from institutions and momentum from the approval of Bitcoin ETF funds.
$BTC

#ChristmasMarketAnalysis

#ChristmasMarketAnaly
ChristmasMarketAnalysis History doesn’t repeat itself, but it does rhyme.
Christmas is coming and New Year 2025 is approaching. Christmas, New Year, Trump’s inauguration, Bitcoin’s half-year reduction… With these gains, Bitcoin can expect to end its correction and return to growth.