#ChristmasMarketAnalysis
Bitcoin’s Christmas performance is influenced by the broader market cycle it is in.
In years where Bitcoin was in a bullish phase or emerging from a cyclical low (i.e. 2013, 2017, 2020), its performance during Christmas often mirrored the optimism seen in traditional markets.
In years where there were bearish phases or post-peak corrections (i.e. 2014, 2018, 2021), Bitcoin reflected market exhaustion and investor caution.