#ChristmasMarketAnalysis
Analysts believe that Bitcoin would repeat the performance of Christmas
Bitcoin generally records strong gains during the week of Christmas in halving years, and in December it has already risen 8.71%.
On-chain metrics like the Puell Multiple (1.15) and the cycle high/low suggest that BTC is far from the peak of its cycle.
BTC could rise towards 120,000 dollars by Christmas if accumulation continues; however, selling pressure could bring it down.
