#ChristmasMarketAnalysis Does the Christmas Market Still Exist? Analysis of History and Reality for You.

Every year-end, cryptocurrency enthusiasts dream of the so-called “Christmas Market,” that is, with the increase in capital liquidity and market sentiment during the holidays, the#TopCoinsSeptember2024 major cryptocurrencies such as Bitcoin experience a bullish wave at the end of the year. But this year’s market performance and comparison with past years may make people reconsider this long-awaited expectation.

“Christmas Market” in History

1. Bull Market Peak in 2017:#Bitcoinbegan to correct sharply after reaching an all-time high of nearly $20,000 on December 17, and made a brief recovery in the days leading up to Christmas, but eventually continued to decline, failing to form a “Christmas Market” trend.

2. 2020 Bull Market:

The Christmas bull market is very strong, with Bitcoin rising from $19,000 in early December to $28,000 after Christmas, marking the start of the 2021 bull market.$BTC $