Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Market Performance During the Christmas Period
by
Faisal2202
on 26/12/2023, 20:00:59 UTC
However, past performance is not indicative of future results, and various factors can influence Bitcoin's price movement beyond historical patterns.
Thanks for sharing the stats but what is the source of these stats, did you take them from some site if yes then please mention the reference as well for authenticity or did you calculate them manually?

I was also thinking/observing that in the Christmas market can fluctuate under the shadow of current sentiments about ETF's results being announced on 10th January. I concluded that the market will be very volatile in the first days of January. And besides all that, I all thought the market might be highly volatile in the last 10 days of December but so far it is doing good and keeping the support of $43k.

You provided stats, showing a pattern that is very easy to detect and that is, in 2017 the price increased and after then for two years it decreased and then it increased in 2020 and it then decreased for the next two years and now the third year 2023 it might increase as per pattern. And the funny thing is price is increasing and not following the previous two years's trend or average trend either.