Bitcoin’s Christmas Miracle: According to PlanB, a pseudonymous Dutch analyst, Bitcoin needs a “small miracle” to reach $100,000 by Christmas. However, the chances of this happening are considered low, and the analyst has admitted that it is less likely to occur.
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The concept of a “Christmas miracle” in the crypto market is not new. Historically, the crypto market has experienced significant gains during the Christmas season, with some years seeing back-to-back green seasons. However, the chances of this occurring are roughly 50/50, and the market’s behavior can be unpredictable.
Christmas Crypto Promotions
Several cryptocurrency exchanges and platforms are offering promotions and incentives for the holiday season:
Bybit: The platform is offering a “Christmas Miracle” promotion, with a chance to win up to 100 USDT by completing a first trade and registering on the platform.
KuCoin: KuCoin is offering a 20% cashback on crypto deposits over $100 using a special promo code, as well as a chance to win up to 100 USDT in a random draw.
Margex: Margex is offering a range of promotions, including staking, derivatives, copy, and spot trading, with no KYC procedures required.
Delta.app: BeInCrypto has collaborated with Delta.app to gift users 500 free Delta PRO access, providing advanced metrics and exclusive early access to new features.
OKX: OKX is offering a “Mystery Gift” redemption ticket for traders who accumulate a trading volume of 25,000 USDT in December 2023, with rewards worth up to 490,000 USDT.
BYDFi: BYDFi is hosting a Christmas Carnival, offering insights into its DeFi products and features, with potential awards for participants.