Bitcoin is Bringing Christmas Spirit to Crypto.The crypto market is officially cruising into Christmas week, and while the price action has been a bit of a "Grinch" lately, Bitcoin is finally starting to flash some holiday cheer. If you've been staring at sideways candles for weeks, take a breath—the charts are starting to look a lot more like a gift than a lump of coal.
The Technical "Stocking Stuffers"
We’re seeing some old-school signals that demand respect. First, a three-day bullish divergence between price and the RSI (Relative Strength Index) has been confirmed. In the past, this specific setup has rarely appeared by accident; it’s usually a signal that the bottom is in.
Adding to the festive mood, Bitcoin just printed its fifth "Golden Cross" since October 2023. While the mainstream news might tell you to be cautious, the underlying structure of the market is quietly improving.
Is Santa Sending Bitcoin to the North Pole?
Bitcoin finds itself in a bit of a "Home Alone" situation—left behind while US equities sprint toward record highs. Bitcoin is currently:
Down 6-7% year-to-date.
30% below its October peak of $126,000.
Sitting near the $80,000 mark.
The vibe was soured recently by some "ugly" ETF data, with nearly $3.46 billion flowing out in November. Much of this was panic selling following the October flash crash. However, the line in the sand is clear: as long as we hold above $73,797, the structural bull case remains alive and well.
Christmas Past, Present, and a Massive 2026?
History shows that Bitcoin usually loves the holidays. In 2016, we saw a massive rally into the New Year, and 2020 saw holiday strength propel BTC to a 302% yearly gain.
The Big Takeaway: If Bitcoin closes this Christmas in the red, it would be only the 4th time in history (after 2014, 2018, and 2022). Historically, Bitcoin has never seen consecutive Christmas drops.
If we can hold the $80,000 level through this week, the "Santa Rally" might just be the springboard we need. If the patterns hold, we could be looking at a $160,000 Bitcoin by Christmas 2026. #BTC #bitcoin #ChristmasCrypto
