BITCOIN PREPARES FOR YEAR-END WAVE
Looking back at historical data, I see that in the past four years, Bitcoin has had noticeable fluctuations at the end of the year, especially from December 25 to December 31.
This period is quite sensitive for me. When people enter the holiday season, liquidity from institutions drops significantly, and the market often shifts to a distribution state.
This lack of liquidity makes prices susceptible to sharp movements, increasing volatility, and leveraged positions become targets for liquidation as the old year closes.
Below are the performance results during this period over the past four years that I found.
In 2021, Bitcoin dropped 10.11% after being strongly rejected at the peak, causing the holiday season to become a widespread liquidation event.
In 2022, a slight decrease of 1.87% was recorded with low volatility, but it signified the confirmation of the market bottom.
In 2023, the price decreased by 3.47% during a relatively stable distribution process, ending precisely on December 31.
By 2024, the market witnessed a strong reversal of 8.32% from the 100k range, as thin liquidity during the holiday was exploited to eliminate high-leverage breakout positions.
Currently, the price is hovering around $87,000, and in the next 48 hours, if following historical trends, the probability still leans towards the scenario where the market may continue to adjust by about 5% to 10% before entering the new year, my friends
