#ChristmasMarketAnalysis Over the last 10 years, the price of Bitcoin (BTC) in the lead-up to Christmas has undergone many significant fluctuations. Below are some important price benchmarks for December 25th of 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 figures show that over the last decade, Bitcoin has experienced strong bullish and bearish cycles. In particular, after each halving event (which reduces the block reward by half), the price of Bitcoin often tends to rise significantly in the following 12-18 months. The next halving event is expected to occur in 2024, which is anticipated 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 again by Christmas 2024, based on strong institutional interest and momentum gained from the approval of a Bitcoin ETF.

$BTC