Bitcoin Year-End Speculation: Can It Turn Around with the "Santa Claus" Effect?

Bitcoin has recently dropped painfully, falling from $108,000 to $92,000, and now it has risen to $94,000. As 2024 approaches, everyone is guessing whether it can rebound thanks to the "Santa Claus effect."

Historical data shows that the market has rebounded after Christmas, especially in 2016 and 2020, but it saw significant drops in 2021 and 2022.

Despite this, Bitcoin still has hope; the four-year cycle pattern remains, and a large number of options will expire around December 27, which could cause price fluctuations.

While the Christmas trend is unpredictable, the overall return in December is still quite good. Let's wait and see how the last movements of 2024 unfold together!

Stay tuned for top insights, bull market strategy layouts, share various cryptocurrencies, and help you learn more about hundredfold coins. #BinanceLabs投资Usual #币安LaunchpoolBIO #比特币市场波动观察