Deep Tide TechFlow news, on December 3, Matrixport released today's chart stating that, based on historical data, Bitcoin's performance in December has been mixed, with 6 months showing positive returns and 4 months showing negative returns, resulting in an upward ratio of approximately 60%. Nevertheless, the average return for December remains robust at 9.6%+. If this 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 typically the strongest period for market performance, so it is not surprising that the much-anticipated altcoin market kicks off during this phase.
