#ChristmasMarketAnalysis

According to the analysis of on-chain analyst Ai Yi, Bitcoin’s performance during the Christmas and New Year holidays over the past five years shows that from December 20 to January 6, Bitcoin’s volatility is significantly higher, but the actual price fluctuation, except for the particularly severe year of 2020, remains within 10% in other years.

In addition, in 80% of the years, the price performance of cryptocurrencies in the following two months is very good. If the bottom fishing time is shortened to a week after New Year’s Day, the probability of making a profit is still 60%.

Looking at the performance of the Nasdaq index over the past five years, the fluctuations during the Christmas period are quite large; however, the overall price change is not significant. Therefore, it can be inferred that the US stock market will not have a major negative impact on Bitcoin after the holidays.