#ChristmasMarketAnalysis
In previous halving years, such as 2020, Bitcoin recorded a 25.63% increase during Christmas week. Similar increases occurred in 2016 and 2012, respectively by 11.25% and another double digit.
The crypto analysis ahead of Christmas is quite interesting. Some analysts predict that the price of Bitcoin $BTC could soar to $120,000 or around Rp1.94 billion, following the historical trend of the "Santa Rally" that often occurs in Bitcoin halving years.
However, it is important to remember that market volatility remains a factor that cannot be ignored. Investors are advised to continue monitoring market indicators and sentiments to make informed investment decisions.