Bitcoin ($BTC ) Christmas Price Changes:
•2021
Highest price of the year: $68,789 in November, before the market crashed.
Christmas 2021: BTC hovered around $50,000, below its peak due to fiscal tightening and falling investor expectations
•2022
Lowest price: $15,477 in November, due to the FTX crash causing a crisis of confidence.
Christmas 2022: BTC recovers slightly, closing the year at $16,537, down 64% year-over-year
•2023
Strong recovery: BTC rises sharply from $16,537 at the start of the year, peaking at $44,697 on confidence that the US Federal Reserve will slow rate hikes.
Christmas 2023: BTC stays around $42,000 - $44,000, signaling a more stable market than last year
•2024
New record: BTC surpasses $90,000 in November, thanks to the halving event and positive US economic policy news.
Christmas 2024: BTC trades above $100,000, with year-end prices expected to be in the $66,000 to $95,000 range. Factors such as lower interest rates and institutional investment confidence play a role
