🎄Christmas Miracle and the Secrets of Cryptocurrency🎄

This year, Christmas not only brings gifts under the Christmas tree, but also an astronomical gift to Bitcoin investors — Bitcoin has reached an astonishing $98,200! The history of this cryptocurrency reflects its ups and downs, but the remarkable rise this Christmas is that compared to 2010, the price of Bitcoin has increased by 392,800 times, when Bitcoin was worth only $0.25.

Bitcoin's journey during Christmas👇:

2010: $0.25 - The birth of digital currency.

2011: $4 - Taking the first steps in the market.

2012: $13 - Continuous growth.

2013: $682 - Beginning of the "Bitcoin Craze."

2014: $319 - Correction after the boom.

2015: $456 - Stabilization.

2016: $896 - New record.

2017: $14,027 - Bitcoin frenzy.

2018: $3,815 - Post-frenzy correction.

2019: $7,275 - Restoring trust.

2020: $24,665 - Pandemic and cryptocurrency enthusiasm.

2021: $50,430 - New peak.

2022: $16,831 - "The Winter of Cryptocurrency."

2023: $43,665 - Interest return.

2024: $98,200 - Christmas miracle.

But the world of cryptocurrency is not all rosy. During the Christmas period, due to decreased liquidity, the cryptocurrency market can be particularly unpredictable. With Europe and the United States on holiday, even slight changes in demand can trigger significant price fluctuations, especially in options.

Currently, Bitcoin's pain point is set at $84,000, but the decrease in implied volatility in the short term may render this point irrelevant. Similarly, Ethereum's pain point at $3,000 may be more decorative than practical. Market makers and traders may add additional uncertainty as they close positions at the end of the year.

Analysis tip: In the cryptocurrency market, decreased liquidity during Christmas can lead to disproportionate price fluctuations even from small rumors. Investors should remain cautious, as the market may change rapidly after liquidity returns during the holiday period. This could be an excellent time for long-term investment, provided you are prepared for the "holiday swings" and their consequences.

Thus, Christmas 2024 may be recorded in history as the day Bitcoin reaches new heights, but it may also be a time when the market shows fragility and instability.

Wishing everyone a Merry Christmas🎄