ChristmasBinance
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#ChristmasMarketAnalysis #ChristmasMarketAnalysis #ChristmasMarketAnal #ChristmasBinance Does the Christmas market still exist? An analysis of history and reality for you.
At the end of each year, cryptocurrency enthusiasts dream of the so-called 'Christmas market', meaning that when liquidity and market sentiment increase during the holiday season, major cryptocurrencies like Bitcoin will experience a price surge at the end of the year. However, this year's market activity compared to data from recent years may cause people to reconsider this long-held prediction.
'The Christmas market' goes down 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 USD on December 17, and a few days before Christmas, there was a brief recovery but ultimately continued to decline, failing to form the trend of a 'Christmas market'.
2. The growth market of 2020:
At the end of each year, cryptocurrency enthusiasts dream of the so-called 'Christmas market', meaning that when liquidity and market sentiment increase during the holiday season, major cryptocurrencies like Bitcoin will experience a price surge at the end of the year. However, this year's market activity compared to data from recent years may cause people to reconsider this long-held prediction.
'The Christmas market' goes down 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 USD on December 17, and a few days before Christmas, there was a brief recovery but ultimately continued to decline, failing to form the trend of a 'Christmas market'.
2. The growth market of 2020:
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