#ChristmasMarketAnalysis Merry Christmas! I wish everyone a good profit, that everyone does well in the crypto world. Every year-end, cryptocurrency enthusiasts dream of what is known as the "Christmas market" - that is, the increase in capital liquidity and market sentiment during the holidays, major cryptocurrencies, such as Bitcoin, experience a bullish momentum at the end of the year. However, this year's market indicators and comparison with data from previous years may lead people to reconsider this long-awaited expectation. "Christmas market" in history 1. The peak of the bull market in 2017: Bitcoin began to correct sharply after reaching an all-time high of nearly $20,000 on December 17, and a few days before Christmas there was a brief recovery, but eventually the decline continued, failing to form the "Christmas market" trend. 2. The 2020 bull market: The Christmas market in a bull market is very strong: Bitcoin rose from $19,000 in early December to $28,000 after Christmas, marking the start of the 2021 bull market. $BTC $ETH $XRP #TopCoinsSeptember #Market
#ChristmasMarketAnalysis Christmas Analysis $BTC $XRP $ETH Every year-end, cryptocurrency enthusiasts dream of what is known as the "Christmas market," that is, the increase in capital liquidity and market sentiment during the holidays, the major cryptocurrencies, such as Bitcoin, experience an upward push at the end of the year. However, this year's market indicators and the comparison with data from previous years may lead people to reconsider this much-anticipated expectation. "Christmas market" in history 1. The bull market peak in 2017: Bitcoin began to correct drastically after reaching an all-time high of nearly $20,000 on December 17, and a few days before Christmas, there was a brief recovery, but it ultimately continued to fall, failing to form the "Christmas market" trend. 2. The bull market of 2020: The Christmas market in a bull market is very strong: Bitcoin rose from $19,000 at the beginning of December to $28,000 after Christmas, marking the start of the bull market of 2021.