Bitcoin and the most recent Mid-Autumn Festivals 🌕📈
Looking back at the past four Mid-Autumn Festivals, the price of Bitcoin each year tells a different story — clearly reflecting the rhythm of each market cycle.
🔹 Mid-Autumn Festival 2021: Bitcoin around $48,000, a strong upward trend after surpassing the $40k mark – the market flooded with FOMO.
🔹 Mid-Autumn Festival 2022: Price dropped sharply to $19,000, amidst liquidation waves and wavering confidence.
🔹 Mid-Autumn Festival 2023: Bitcoin gradually recovering, around $27,000, the first signals indicating that capital is returning.
🔹 Mid-Autumn Festival 2024: Price breaking through to $63,000, driven by ETF expectations and institutional capital flows.
Looking back, Bitcoin often accumulates or slightly adjusts around September, then breaks out in the last quarter of the year — when FOMO capital and new cycle expectations emerge.
🌙 This year’s Mid-Autumn Festival, will Bitcoin continue to “break the moon” to set new records, or will it be a period of accumulation before the next super wave?
