#ChristmasMarketAnalysis An analysis of data from the past decade reveals something interesting. During this period, the price of Bitcoin rose by at least 10% on six occasions, in 2022, 2020, 2019, 2013, 2012, 2011, with an average increase of 31%. This is a sign of a short-term boom for a short period of time before subsequent volatility.
In contrast, there have been four years of Bitcoin price declines of more than 10% in 2021, 2017, 2015, and 2014, with the last two years tying the time following the peak of the previous cycles with an average decline of 21%.
Motivation to increase prices
As Christmas approaches, let's see what factors affect the price of Bitcoin after Christmas this year, and how much of an increase or decrease will we see in the price of Bitcoin starting from Christmas Day:
Currently, the market sentiment is swinging between a period of anxiety and optimism. The market has bottomed out, but it is difficult for anyone to say for sure whether the market is definitely in an uptrend or not? However, investor sentiment has gradually turned positive as we have seen the recent recovery in Bitcoin prices. Therefore, the early days of 2025 are expected to be a very attractive period for Bitcoin and the cryptocurrency market.
summary
We have compiled a few historical statistics to get a multi-dimensional perspective of Bitcoin price in the coming period. Of course, the data is for reference only, and you can never rely on it for investment. But considering the history as well as the recent positive dynamics, we hope that there will be a green color in early 2024 to wait together for the bullish trend that we have been waiting for for two years now. Perseverance, success will come to you soon!
