#ChristmasMarketAnalysis

In the past 10 years, the price of Bitcoin (BTC) during Christmas has undergone many notable fluctuations. Here are some key price points on December 25 each year:

2014: $318

2015: $430

2016: $900

2017: $14,302

2018: $4,021

2019: $7,266

2020: $23,760

2021: $50,888

2022: $16,849

2023: $43,254

These numbers show that Bitcoin has experienced strong cycles of increase and decrease over the past decade. In particular, after each Halving event (which halves the block reward), the price of Bitcoin tends to rise significantly in the following 12-18 months. The next Halving event is scheduled for 2024, which is expected to positively impact the price of Bitcoin in the near future.

Currently, the price of Bitcoin is around $95,194.

Some experts predict that the price of Bitcoin could reach $100,000 by Christmas 2024, based on strong interest from institutions and momentum from the approval of Bitcoin ETF funds.