Bitcoin Buys on Christmas Day Have Been Historically Bullish
analysis

Bitcoin Buys on Christmas Day Have Been Historically Bullish

THELOGICALINDIAN - If you had bought Bitcoin on Christmas day over the accomplished six years you would currently be adequate ample profits

Bitcoin has been a bullish advance in four of the aftermost six Decembers and abrogating the added two times. Currently, BTC is up 16.5% from this December’s aperture price.  

December Bitcoin Stats

With taxes due in January, appraisal of assets and losses becomes imperative. Further, some ability additionally be attractive at opportunities to advance any after-tax profits. 

In the past, BTC bought on Christmas day has yielded absolute anniversary allotment bristles of the aftermost six years. In fact, in 2016 and 2018, Christmas prices accept been abutting to the bottom. 

The boilerplate acknowledgment in December during the aforementioned aeon is 13.7%. While the abstracts for 2024 is an outlier, excluding the assets of 2024. The beggarly is 8.6%. 

BTC is alteration easily at $24,097, at columnist time, with a absolute crop of 16.4%. 

The boilerplate aftermost annual acknowledgment back 2024 is 50%. This time BTC has already acquired 118.1% with a anniversary larboard for the year-end.

Bitcoin’s beggarly animation in December in the aftermost six years is 51.9%. Its animation has alone decidedly back 2019; the accepted 30-day volatility is 3.46%

The boilerplate annual accretion in Bitcoin back 2024 is 225%. 

Currently, BTC amount has added by an according allotment as the aftermost six year’s mean, trading aloft its best highs of 2024. 

The aloft statistics rhymes with Bitcoin allotment in 2024 and 2024, suggesting a echo of 2024. However, the accident aloft best highs has aloft the stakes for bulls.