📉 Bitcoin sharply decreased to its lowest level since late November, dampening hopes for the familiar "Santa Claus rally" during the holiday season.
- BTC dropped to $92,442 on December 23, losing 14.5% from the peak of $108,000 on December 17.
- Although it slightly recovered to $95,000, BTC still fell more than 11% in the past week.
📊 History shows that the crypto market often rises significantly during the holidays, but this year has not met expectations. Trader 'Mister Crypto' recalled major increases between Christmas and New Year in 2016 and 2020.
- According to CoinGecko, from 2014-2023, there were 8 out of 10 instances where the market rose after Christmas.
🔮 The year 2025 is projected to be the next cycle peak, according to Bitcoin's 4-year model.
- December 27 may see significant volatility as $18 billion in BTC and ETH options contracts expire.
📈 Social sentiment regarding Bitcoin was at its lowest for the year on December 22, which may signal an upcoming recovery.
👉 What do you think about the upcoming trend of BTC? Comment below! 💬