CoinVoice has recently learned that Matrixport released a chart today stating that historically, Bitcoin's performance in December has been mixed, with positive returns in 6 months and negative returns in 4 months, resulting in a rise rate of about 60%. Nevertheless, the average return rate for December remains robust at over 9.6%. If this trend continues, Bitcoin is expected to challenge the $110,000 level by the end of the year.
Seasonal patterns indicate that the fourth quarter is typically the strongest period for market performance, so it is not surprising that the much-anticipated altcoin rally starts during this phase. [Original link]
