Matrixport today released an interesting chart revealing Bitcoin's historical performance in December. The data shows that over the past decade, Bitcoin's performance in December has been mixed, with 6 months recording positive returns and 4 months negative returns, resulting in an increase rate of about 60%. However, the average return in December still reached an impressive 9.6%+ 📈.
If this trend continues, Bitcoin may hit the $110,000 mark by the end of the year. The fourth quarter is typically the strongest period for market performance, so it is not surprising that altcoin trends start during this phase. Investors can look forward to a vibrant end of the year!💡