#ChristmasMarketAnalysis Is the Christmas market still around? Analyzing 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. year. But this year’s market performance and its comparison with recent years may prompt people to reconsider this long-awaited prediction.

“Christmas market” in history

1. The peak of the bull market in 2017:

Bitcoin began a sharp correction after hitting an all-time high of nearly $20,000 on December 17, and saw a brief recovery in the days leading up to Christmas, but eventually continued to decline, failing to form a “Christmas market” trend.

2. 2020 Bull Market: The Christmas bull market is very strong, with Bitcoin rising from $19,000 in early December to $28,000 after Christmas, marking the start of the 2021 bull market.