In Bitcoin's history, there have been 6 price declines and 5 price increases in December. In the past 5 years, there have been 4 instances of a bull market emerging after Christmas.
On December 23, according to Coinglass data, out of 11 historical "December" performances of Bitcoin, there were 6 declines and 5 increases, with the largest increase occurring in December 2020, where the monthly increase reached 46.92%. The largest decline occurred in December 2013, with a monthly decrease of 34.81%.
However, it is worth noting that historically, whenever Bitcoin has experienced a price increase in September, it has continued to rise until the end of the year (with consecutive increases in October, November, and December). This year, Bitcoin saw a price increase of 7.35% in September, marking the best September performance in history.
Additionally, possibly due to the first quarter typically being a period for asset management companies to arrange their annual funds, in the past 5 years (2019-2023), there have been bull markets emerging after Christmas in 4 of those years, with only 2021 experiencing a decline after Christmas (the previous bull market peak).
