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#ChristmasMarketAnalysis
What happened to the Christmas rally of Bitcoin?
Historically, Bitcoin has experienced significant price increases during several Christmas seasons.
The behavior of Bitcoin (BTC) in the past is often used to try to anticipate future behaviors.
This is why many investors, traders, and market analysts expected the digital currency created by Satoshi Nakamoto to have a bullish rally that would take it to new heights, precisely around this time.
The trader who identifies on the social network X as "Mister Crypto" wrote on December 11: "Bitcoin always goes parabolic around Christmas in halving years. This time will be no different."
Perhaps Bitcoin will surprise us tomorrow, but at least, up to the moment of writing this article, no Christmas rally is occurring. On the contrary, Bitcoin is closer to 90,000 dollars than to its all-time high of 108,000 dollars.
What happened to the Christmas rally of Bitcoin?
Historically, Bitcoin has experienced significant price increases during several Christmas seasons.
The behavior of Bitcoin (BTC) in the past is often used to try to anticipate future behaviors.
This is why many investors, traders, and market analysts expected the digital currency created by Satoshi Nakamoto to have a bullish rally that would take it to new heights, precisely around this time.
The trader who identifies on the social network X as "Mister Crypto" wrote on December 11: "Bitcoin always goes parabolic around Christmas in halving years. This time will be no different."
Perhaps Bitcoin will surprise us tomorrow, but at least, up to the moment of writing this article, no Christmas rally is occurring. On the contrary, Bitcoin is closer to 90,000 dollars than to its all-time high of 108,000 dollars.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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