#ChristmasMarketAnalysis #

Over the past decade, the price of Bitcoin (BTC) has seen some notable fluctuations in the run-up to Christmas. Here are some of the important price points on December 25th each year:

2014: $318

2015: $430

2016: $900

2017: $14,302

2018: $4,021

2019: $7,266

2020: $23,760

2021: $50,888

2022: $16,849

2023: $43,254

These numbers show that Bitcoin has experienced strong up-and-down cycles over the past decade. In particular, after each halving event (cutting the block reward in half), the price of Bitcoin often tends to rise significantly over the next 12 to 18 months. The next halving event will occur in 2024, which is expected to positively impact the price of Bitcoin in the near future.

Currently, the price of Bitcoin is around $95,194.

Some experts predict that the price of Bitcoin will reach $100,000 again by Christmas 2024, based on strong institutional interest and the momentum gained from the approval of a Bitcoin exchange-traded fund.