BlockBeats news, on December 3rd, Matrixport released today's chart report. Historically, Bitcoin's performance in December has been mixed, with 6 months recording positive returns and 4 months recording negative returns, resulting in an increase rate of about 60%. Nevertheless, the average return for December still firmly reached 9.6%+. If the trend continues, Bitcoin is expected to challenge the $110,000 level by the end of the year.
Seasonal patterns indicate that the fourth quarter is usually the strongest period for market performance, so it is not surprising that the much-anticipated altcoin market begins during this phase.
