The Secrets of the Fluctuation Patterns of Bitcoin during Christmas Holidays!
Historical data shows that in the years following halving (such as 2016 and 2020), Bitcoin often displays strong upward momentum during the Christmas period, especially on December 24.
Sentiment is generally positive during the holidays, particularly in a bull market, making price increases the norm.
Looking ahead to 2024, as another year following halving, Bitcoin is expected to continue its upward trend during the Christmas period, with price volatility likely to increase around December 24.
Weekly return rate analysis also indicates that Bitcoin prices often see significant growth during the 51st and 52nd weeks, with market sentiment and capital inflows jointly driving price increases.
Optimistic expectations and year-end capital reallocation are key factors driving Bitcoin's rise during the Christmas period.
On Christmas 2024, Bitcoin may once again showcase remarkable price increases, so stay tuned!
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