#MarketRebound
🎯Bitcoin performance after Christmas ?
Historically, Bitcoin has often experienced a "Santa Claus rally," with price increases during the holiday season. From 2014 to 2023, the cryptocurrency market saw such rallies 80% of the time, with Bitcoin's post-Christmas gains ranging from 0.33% to 10.86%.
This year, Bitcoin reached an all-time high of over $108,000 in mid-December but has since declined by more than 15%, hitting new lows for the month.
As of December 25, 2024, Bitcoin is trading at approximately $98,548, reflecting a 5.39% increase from the previous close.
While historical trends suggest the possibility of a post-Christmas rebound, the cryptocurrency market is highly volatile and influenced by various factors, including macroeconomic conditions and investor sentiment. Therefore, past performance does not guarantee future results.
It's advisable to stay informed through reliable financial news sources and consider consulting with a financial advisor before making any investment decisions.
