Musllah771166
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#ChristmasMarketAnalysis #ChristmasMarketAnalysis
Is the Christmas market still around? Analyze history and reality for you.
At the end of each year, cryptocurrency enthusiasts dream of the so-called "Christmas market", that is, with the increase in capital liquidity and market sentiment during the holidays, major cryptocurrencies such as Bitcoin experience a year-end bull run. But this year's market performance and its comparison with the data of recent years may prompt people to reconsider this long-awaited prediction.
"Christmas market" in history
1. The peak of the 2017 bull market:
Bitcoin began a sharp correction after reaching its all-time high of nearly $20,000 on December 17, and a few days before Christmas, there was a brief recovery, but it continued to decline in the end, failing to form a "Christmas market" trend.
2. The 2020 bull market:
Is the Christmas market still around? Analyze history and reality for you.
At the end of each year, cryptocurrency enthusiasts dream of the so-called "Christmas market", that is, with the increase in capital liquidity and market sentiment during the holidays, major cryptocurrencies such as Bitcoin experience a year-end bull run. But this year's market performance and its comparison with the data of recent years may prompt people to reconsider this long-awaited prediction.
"Christmas market" in history
1. The peak of the 2017 bull market:
Bitcoin began a sharp correction after reaching its all-time high of nearly $20,000 on December 17, and a few days before Christmas, there was a brief recovery, but it continued to decline in the end, failing to form a "Christmas market" trend.
2. The 2020 bull market:
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