#ChristmasMarketAnalysis

Price history at Christmas:

- 2020: Bitcoin increased by nearly 50% in December, reaching USD 28,000, driven by institutional adoption.

- 2021: There was a slight decline at Christmas (-5%) due to profit-taking, but the price remained relatively stable compared to other months.

- 2022: The market was depressed due to the effects of the FTX collapse and other negative events.

Possible consolidations for Christmas 2024:

1. Bitcoin (BTC):

- Could consolidate between USD 95,000 and USD 110,000, depending on liquidity and new institutional announcements or ETFs.

- Temporary downturns during the holidays due to lower activity.

2. Ethereum (ETH):

- With a positive trend, it could stay above USD 4,000 if there are no negative external events.

3. Altcoins:

- Greater volatility in lower market cap cryptos. Some may see spikes due to speculative interest.