Bitcoin's New Year Hangover? 🤔

As 2024 closes, Bitcoin's Coinbase Premium Index hits a 12-month low, signaling a retail demand dip in the US. 📉 CryptoQuant's Burakkesmeci notes this could challenge short-term price recovery unless macroeconomic shifts or buyer interest surge.

Despite this, long-term holders are laughing all the way to the bank with a 290% profit margin! Will they cash out or hold strong? Meanwhile, short-term holders are just breaking even.

With President-elect Trump's inauguration around the corner, will Bitcoin rally post-inauguration? Share your thoughts below!