#ChristmasMarketAnalysis Data analysis from the past decade reveals some quite interesting things. During this time, Bitcoin has increased in price by at least 10% on six occasions, in the years 2022, 2020, 2019, 2013, 2012, and 2011, with an average increase of 31%. This is a sign of a short-term recovery within a brief period before subsequent fluctuations.
In contrast, there were four years when the price of Bitcoin dropped more than 10%, which occurred in 2021, 2017, 2015, and 2014, with the last two instances linked to the time after the peaks of previous cycles, averaging a decrease of 21%.
Price Momentum
As Christmas approaches, let's take a look at the factors affecting the price of Bitcoin after this year's Christmas, whether we will see Bitcoin increase or decrease by how much % from the holiday:
Currently, market sentiment is oscillating between anxiety and optimism. The market has bottomed out, but it is hard to say for sure if it has entered an uptrend yet. However, investor sentiment has gradually shifted to positive as they witness the recovery of Bitcoin's price in the recent period. Thus, the early days of 2025 are expected to be an extremely exciting period for Bitcoin and the cryptocurrency market.
Summary
We have compiled some statistics about history to gain a multidimensional perspective on Bitcoin's price in the upcoming period. Of course, the data is for reference;
you absolutely cannot rely on it for investing. But looking at history as well as recent positive momentum, we hope for a green light in early 2024 as we await the uptrend that we have been waiting for over the past 2 years. Be persistent, and success will soon come to you!