Why Prices Move in December and January?
The #santarally2024 or "Santa 🤶 Pump" in late December sees prices rise due to holiday optimism, light trading, and funds buying for year-end reports.
We see moves from altcoins to Bitcoin or stablecoins, these patterns drive year-end and early-year market swings (profit taking).
At year-end, investors sell to lock in profits or rebalance portfolios, often causing crypto and futures prices to dip 30%
