Bitcoin's market performance during the Christmas period over the past several years has been as follows:
- 2022: Decrease of 2.7%
- 2021: Decrease of 11.9%
- 2020: Increase of 22.3%
- 2019: Decrease of 1.1%
- 2018: Decrease of 5.3%
- 2017: Increase of 4.1%
Since 2017, over the seven days following Christmas, the probability of a price decrease has been over 66%. This trend indicates a prevalent likelihood of a decline in Bitcoin's value during this particular period. It's noticeable that the market sentiment during Christmas for Bitcoin hasn't exhibited consistent bullish behavior, as evidenced by the majority of the years showing a decline in value or a relatively modest increase.
However, past performance is not indicative of future results, and various factors can influence Bitcoin's price movement beyond historical patterns.
I don't think that 7 days is enough to evaluate the price and comparison will come
because there is a need for certain time to make it successful in having a list,
and besides it is normal for the market to drop in the early end of December because
the season is ending so as the investors are taking their profits at least for a year , but what is
important is that we have mostly climbing from October to December things that we must be
thankful then.