Analysis: BTC fluctuated greatly during the Christmas holiday, but the actual increase or decrease did not exceed 10% except in 2020

PANews reported on December 23 that according to @ai_9684xtpa's analysis of data from the past five years, BTC generally fluctuated greatly during the Christmas holidays from December 20 to January 6 of the following year, but the actual rise and fall did not exceed 10% except in 2020.

It is worth noting that 80% of the years show that BTC performs better within two months after the holiday. If the bottom-picking time is narrowed to one week after New Year's Day, the possibility of profit is still 60%.

In addition, the Nasdaq index of U.S. stocks fluctuated greatly during the Christmas period, but the overall rise and fall was limited, and the impact on BTC was not obvious.

The analysis pointed out that although the current market is greatly affected by the flow of BTC ETF funds, the market performance during the Christmas holiday did not show the threat of a "Christmas robbery."

Analysis: BTC fluctuated greatly during the Christmas holiday, but the actual increase or decrease did not exceed 10% except in 2020

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
3 hour ago
12 hour ago
13 hour ago
13 hour ago
14 hour ago
17 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读