Will Santa Bring Bitcoin? Tracking Crypto Trends Each DecemberAs the festive season draws near, Bitcoin traders often wonder: is December a gift-giving month for the OG crypto or one where Santa skips the BTC chimney altogether?
Over the past decade, Bitcoin’s December performance has varied wildly — from record-setting rallies to stomach-churning corrections.
But this year, the festive cheer in the crypto world is particularly jolly.
Bitcoin BTCUSD has smashed through the $100,000 mark , Ethereum ETHUSD is dancing above $4,000 , and the markets are buzzing with speculation about lower interest rates from the Federal Reserve and crypto-friendly policies from Donald Trump’s White House.
Before we spill what we know about this Christmas’s crypto miracles, let’s take a trip down memory lane, tracking Bitcoin's price moves for each December over the past 10 years.
Bitcoin’s December Performance: A 10-Year Recap
2013: A Frosty End to the First Big Rally
❆ Start of December: ~$1,000
❆ End of December: ~$750 (-25%)
Bitcoin was coming off its first significant bull run, fueled by very early retail and media hype. The exuberance didn’t last as profit-taking and concerns over Mt. Gox’s solvency sent prices tumbling.
2014: A Crypto Winter Christmas
❆ Start of December: ~$375
❆ End of December: ~$320 (-15%)
2014 was a tough year for Bitcoin. The infamous Mt. Gox hack earlier had crushed investor confidence, and the December sell-off reflected broader pessimism about crypto's future.
2015: A Subtle Santa Rally
❆ Start of December: ~$360
❆ End of December: ~$430 (+19%)
After a year of consolidation, Bitcoin ended 2015 on a positive note. December brought renewed optimism, with the first whispers of institutional interest starting to surface.
2016: The Calm Before the Storm
❆ Start of December: ~$740
❆ End of December: ~$960 (+30%)
This was the beginning of Bitcoin’s journey into mainstream consciousness. A steady rally through December set the stage for the parabolic run of 2017.
2017: Deck the Halls With All-Time Highs
❆ Start of December: ~$10,800
❆ End of December: ~$14,000 (+30%)
Bitcoin mania hit fever pitch as it reached its then-all-time high of nearly $20,000 mid-month. However, the rally fizzled by year-end, signaling the start of a brutal bear market.
2018: Coal in the Stocking
❆ Start of December: ~$4,000
❆ End of December: ~$3,800 (-5%)
The post-2017 bubble burst was in full swing. By December, Bitcoin was down nearly 80% from its peak, and the market was entrenched in a bear trend.
2019: A Neutral Noel
❆ Start of December: ~$7,500
❆ End of December: ~$7,200 (-4%)
This year saw modest losses in December as Bitcoin remained range-bound following a mid-year rally that fizzled out.
2020: A Festive Bull Run
❆ Start of December: ~$19,500
❆ End of December: ~$29,000 (+48%)
The COVID-19 pandemic had accelerated Bitcoin adoption as institutions like MicroStrategy and PayPal jumped in. December capped off a historic year with a near 50% rally.
2021: Bitcoin on the Naughty List
❆ Start of December: ~$57,000
❆ End of December: ~$46,000 (-19%)
Despite starting strong, December 2021 saw Bitcoin slide as macroeconomic fears around inflation and Fed tapering weighed on risk assets.
2022: The Crypto Winter Lingers
❆ Start of December: ~$17,000
❆ End of December: ~$16,500 (-3%)
The collapse of FTX in November left the crypto market reeling. With investor confidence shattered, Bitcoin struggled to recover, hovering near its bear-market lows.
2023: A Recovery Year
❆ Start of December: ~$40,000
❆ End of December: ~$42,500 (+6%)
With the market recovering from the harsh crypto winter of 2022, Bitcoin climbed steadily throughout the year, culminating in December's moderate gains.
Bitcoin ended 2023 on a modestly bullish note, driven by renewed optimism around regulatory developments and institutional interest, especially around the Bitcoin exchange-traded funds that would launch in January 2024.
Final Days of 2024: A December to Remember?
Bitcoin’s 2024 trajectory has been nothing short of remarkable, with the OG cryptocurrency trading above $108,000 — a new all-time high. December’s price action will likely hinge on several key factors:
1️⃣ Federal Reserve Policy : Markets are pricing in a 25-basis-point interest rate cut at the Fed's final meeting of the year on December 18. This has already fueled risk-on sentiment, but a surprise decision to hold rates could spark a possible sell-off.
2️⃣ Institutional Demand : Big-shot investors have continued to pour into Bitcoin in 2024, with the genuine Bitcoin ETFs accumulating more than $100 billion in assets.
3️⃣ Market Sentiment : After breaking $100,000, Bitcoin’s psychological momentum is strong. Traders are eyeing $125,000 as the next target, though volatility could lead to sharp corrections.
4️⃣ Donald Trump : The sheer power concentrated in one man — President-elect has vowed to support the growth of the crypto industry through a Bitcoin strategic reserve, lower taxes, sweeping deregulation and higher tariffs on US imports. Bullishness is truly in the air heading into 2025.
What’s Under the Tree for Crypto in 2025?
Looking ahead, the outlook for Bitcoin and the broader crypto market remains bullish. The combination of institutional, business and consumer adoption, favorable regulatory developments, and a macroeconomic environment that continues to favor risk assets sets the stage for further growth. While $108,000 is impressive, many believe it’s just the beginning of Bitcoin’s next chapter.
As we wrap up 2024, one thing is clear: the crypto market never takes a holiday (or any days off). Whether the Fed today delivers a rate cut or not, traders can expect plenty of action as we head into the new year. So, grab your hot cocoa, keep your TradingView app handy, and enjoy the ride.
Happy holidays, and may your trades be merry and bright!
December
etherum (ETH) "INDICATOR TANGLE"The moving averages with shadow function offer a timeframe to follow before major improvements in price. Right now Ethereum is jumbled up with the third blue line 150 variable moving average. This is not dissimilar to Bitcoin because Bitcoin does not follow such simple methods of indicator transcribing. This would look like the peak is reached according to the orange line and stepped yellow line crossing paths. The difference this time around compared to back in 2021 is in how the blue line is intersecting with those lines (orange, yellow, green) that rise when the price is reaching peak evaluation.
jasmy (JASMY) "INDICATIONS"The BBTrend indicator reveals whether the price is overbought or oversold. Red is too low "oversold" and green is too high "overbought." In this case Jasmy is quite neutral on that fact.
The Yellow stepped line is the 100 Moving Average. When the 100 MA is smoothing out and rounding over this is a sign of the price reversing. As you can see the steps are large and there is no smoothing happening. Also with my 2x100 indicator the waves run between the two lines like a MACD with the 100MA line on top for positive growth and when the smooth green line crosses over the stepped line this is a sign of a reversal as well. As you can see the recent price increase is therefore sturdy based on these two indications.
JASMY (JASMY) "True Path"Since creating my indicator months ago I have never seen any crypto project pass direcrtly through the two dotted blue lines until now with Jasmy today. I referred to the center of the two lines as the black hole of which has too much energy for any crxyptocurrency including Bitcoin and Ethereum to ever cross directly through the center. Quite interesting.
Bitcoin 2023 nding WaysAs of now, Bitcoin is priced at $42,815, accompanied by a 24-hour trading volume of $24 billion. Its market capitalization stands at $843 billion, commanding 54% of the market share. In the past 24 hours, BTC has encountered a 0.96% decrease in price. With a circulating supply of 19.46 million BTC out of a maximum possible supply of 21 million BTC.
Bitcoin's recent attempt to breach the $44,000 resistance faced selling pressure, triggering a decline in its value. Currently, resistance is noted at $44,982, while support for BTC/USD is established at $41,784. The analysis for December 26 indicates that bears have initiated a robust selling pressure, eroding buyer confidence around the $44,000 mark. Consequently, BTC is experiencing a significant decline, setting the stage for a downward correction.
Examining the 1-day chart reveals a diminishing buying demand for Bitcoin as it grapples with this decline in value. Bio for more..................
A Merry Bitcoin Xmas 12 statistics for 12 historical Decembers:
December Marks pretty pivotable points in Bitcoin history. Typically the 19th-31st of December marks some decent moves, with either a slight pause for continuation or a major reversal.
12 statistics for 12 historical Decembers:
- AVG. Overall Returns +15.26%
- AVG. Positive Returns +52.73%
- AVG. Negative Returns -28.45%
- 7/12 saw Red candle closes, 5/12 saw Green. (2023 will likely be 6/12)
- 6/12 saw January close lower than Dec, whilst 6/12 did not.
- 4/12 we never saw Dec low prices again.
- 4/12 proceeded with a Jan-Feb monthly retraces (didn't close < Dec), whilst 4/12 continued higher.
- 4/12 saw lower prices proceeding more than 6 months.
- 3/12 were in mid bull markets (wave 3)
- 2/12 marked ATH's and to date 2/12 marked ATL's.
- 1/12 saw sideways action for 4 consecutive months
- 1/12 marked false low reversal signal (COVID)
In summary, for the 13th December close given the timing of cycles, this does mark a midterm turning point between cycles. Generally, at this point, it is more probable for a slight -25% retrace before continuation. Statistics on lower Dec ratios (<4/12) would suggest that in Q1 2024 we may just get the dip, but for how long will the Santa Rally continue? $48-50k high seems very likely but a close < FWB:31K in the coming months on the retrace would prove something else is at play.
Sorry for rez, here is a better screenshot
Unlocking Opportunities: Maximizing Dec. Gains Beyond TradingUnlocking Opportunities: Maximizing December Gains Beyond Trading
Introduction:
As December unfolds and the year draws to a close, it's not uncommon for traders to take a step back and assess their performance. The trading landscape experiences a shift, with many prominent investors winding down for the year, paving the way for unique opportunities for those who approach the market strategically. In this blog post, we'll explore how traders can benefit from the distinctive conditions of December, leveraging the year-end dynamics to refine their trading strategies and set the stage for success in the upcoming year.
1. Reflect on the Year:
Before diving into the specific opportunities December presents, take a moment to reflect on your trading journey throughout the year. Consider the overall performance of your trades, taking note of both successes and setbacks. This reflection is a crucial first step in understanding your strengths and weaknesses as a trader.
Take a comprehensive look at your trading performance throughout the year. Consider the following aspects:
Trade Outcomes: Evaluate the overall success of your trades. Identify the ones that were profitable and those that resulted in losses.
Market Conditions: Examine how your strategies performed under various market conditions. Note any patterns in your trading success or challenges during specific market trends.
As an example; I examine my trading performance throughout the year. I did observe that my swing trading strategy worked well during trending markets but struggled during choppy, sideways conditions. This reflection prompts me to consider adjustments to my strategy to better navigate varying market conditions.
2. Evaluate Pros and Cons:
Identify the pros and cons of your trading strategies over the past year. What worked well for you, and what didn't? Analyzing these aspects can help you fine-tune your approach, building on your strengths and addressing any weaknesses. Take note of the market conditions under which your strategies excelled or faltered.
Dig deeper into the strengths and weaknesses of your trading strategies:
Successful Strategies: Identify the aspects of your trading approach that worked well. This could include specific indicators, timeframes, or types of assets that consistently yielded positive results.
Challenges Faced: Analyze the reasons behind unsuccessful trades. Pinpoint any recurring issues, whether they are related to strategy execution, risk management, or market analysis.
Adaptability: Ask yourself, "Is your strategy working for you?" If there's discomfort or a sense that your current strategy is not aligning with your trading goals, consider your options:
- Explore New Strategies: Are you considering a shift in strategy? Perhaps there's a new approach or methodology that better suits your risk tolerance and market outlook.
- Give More Time: Alternatively, are you planning to invest more time in your existing strategy? Sometimes, patience and fine-tuning can enhance the effectiveness of a proven approach.
As an Example; I identified that my strengths lie in thorough technical analysis but acknowledges a weakness in managing emotions during periods of heightened volatility. I realized that implementing stricter risk management protocols could help mitigate losses during turbulent market phases.
3. Journal Your Trades:
If you haven't already, start journaling your trades. Documenting your trading activities provides valuable insights into your decision-making process. Review your trades and identify patterns, both in successful and unsuccessful scenarios. What emotions were at play during specific trades? This self-awareness can be a powerful tool for refining your trading psychology.
Initiate or revisit your trading journal, documenting each trade along with additional details:
Decision-Making Process: Record the factors influencing your decisions for each trade. This includes technical and fundamental analysis, as well as any emotional factors that may have played a role.
Emotional Reflection: Explore the emotional aspect of your trading. Note instances of fear, greed, or overconfidence. Understanding your emotional responses can help you make more informed decisions in the future.
As an Example; I started a detailed trading journal, recording the rationale behind each trade and the emotions I’d experienced. Upon review, I noticed that I tend to become overly cautious during winning streaks, leading me to exit profitable trades prematurely. This awareness prompts me to work on maintaining discipline during profitable runs.
4. Statistical Analysis:
Dig deeper into the statistics of your trades. Examine metrics such as win-loss ratio, average gain/loss, and drawdowns. These quantitative measures can offer a more objective view of your performance, helping you identify areas for improvement. Look for patterns in your trading data and consider how adjustments to your strategy might enhance overall profitability.
Delve into the quantitative aspects of your trading performance:
Win-Loss Ratio: Calculate the ratio of your winning trades to losing trades. A higher ratio indicates more successful trades.
Average Gain/Loss: Evaluate the average profit and loss per trade. This metric helps you gauge the effectiveness of your profit-taking and stop-loss strategies.
Drawdowns: Identify periods of significant drawdown. Understanding these downturns is crucial for risk management and improving overall stability.
As an Example; I analyze my trading statistics and discovered that while my win rate is respectable, I experience larger drawdowns than what is comfortable for me. I decided to adjust my position sizing to limit the impact of losing streaks on my overall portfolio.
5. Spend Time in Backtesting:
Utilize the quieter period of December to engage in thorough backtesting:
Strategy Validation: Test your strategies against historical data to validate their efficacy. Identify any potential adjustments needed to align with current market conditions.
As an Example; Taking advantage of the quieter December market, I dedicate time to backtesting. I test variations of strategies against historical data, identifying adjustments that improve performance. This process gives me the confidence to implement refinements in the live market.
6. Set Goals for the New Year:
As you assess your trading performance, set clear and realistic goals for the upcoming year. Define what you aim to achieve, whether it's improving your win rate, reducing drawdowns, or exploring new trading opportunities. Establishing these objectives provides a roadmap for your trading journey in the year ahead.
Establish clear and actionable goals for the upcoming year:
Specific Objectives: Define precise objectives such as achieving a target percentage return, improving risk-adjusted returns, or expanding your trading skill set.
Realistic Targets: Ensure your goals are realistic and achievable within a given timeframe. Unrealistic expectations can lead to frustration and poor decision-making.
As an Example; Reflecting on past years, I acknowledged that setting overly ambitious goals led to frustration. This year, I’d set realistic expectations, aiming for a modest increase in overall profitability. This approach allows me to focus on consistent improvement without the undue pressure of reaching unrealistic targets.
Overall:
December offers a unique window for traders to step back from active trading, assess their performance, and strategically plan for the future. By leveraging this period of reduced market activity, traders can gain valuable insights, refine their strategies, and set achievable goals for the upcoming year. Make the most of this opportune moment to position yourself for success in your trading endeavors.
Overview of Cryptocurrency Volatility - 1M, December, 2022.Analysis of the volatility index in December. Time interval - 1 month.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (December):
1. BNX /usdt - 49.14% (High&Low: 65.79%)
2. MASK /usdt - 47.33% (High&Low: 61.79%)
3. WAVES /usdt - 44.89% (High&Low: 55.32%)
4. ANC /busd - 44.34% (High&Low: 67.58%)
5. FLOW /usdt - 42.31% (High&Low: 46.47%)
6. GMT /usdt - 41.27% (High&Low: 51.34%)
7. REN /usdt - 40.58% (High&Low: 52.78%)
8. LPT /usdt - 39.79% (High&Low: 53.85%)
9. CHZ /usdt - 39.47% (High&Low: 47.98%)
10. DYDX /usdt - 37.51% (High&Low: 52.18%)
11. SUSHI /usdt - 37.01% (High&Low: 39.06%)
12. HNT /busd - 36.51% (High&Low: 40.66% )
13. AR /usdt - 36.33% (High&Low: 39.32%)
14. KNC /usdt - 36.13% (High&Low: 37.96%)
15. GALA /usdt - 35.85% (High&Low: 48.96%)
The coin showed the worst result: DGB /usdt - 0.13% (High&Low: 47.46%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1D, December, 2022.Analysis of the volatility index in December. Time interval - 1 day.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 day):
1. LEVER /busd - 251.2% (High&Low: 635.82%)
2. BNX /usdt - 183.02% (High&Low: 343.03%)
3. ANC /busd - 176.6% (High&Low: 411.33%)
4. HNT /busd - 136.36% (High&Low: 278.36%)
5. MASK /usdt - 132.25% (High&Low: 291.44%)
6. REN /usdt - 129.4% (High&Low: 297.18%)
7. PHB /busd - 125.71% (High&Low: 291.05%)
8. MTL /usdt - 121.76% (High&Low: 260.94%)
9. DYDX /usdt - 116.42% (High&Low: 241.06%)
10. AXS /usdt - 113.71% (High&Low: 256.93%)
11. WAVES /usdt - 107.4% (High&Low: 267.02%)
12. AMB /busd - 106.3% (High&Low: 262.63%)
13. OP /usdt - 103.7% (High&Low: 208.85%)
14. SFP /usdt - 102.03% (High&Low: 225.66%)
15. JASMY /usdt - 100.49% (High&Low: 197.88%)
The coin showed the worst result: BTC /usdt - 31.8% (High&Low: 68.19%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
Overview of Cryptocurrency Volatility - 1h, December, 2022.Analysis of the volatility index in December. Time interval - 1 hour.
Currency - USDT or equivalent to BUSD .
The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins.
Top 15 Coins (1 hour):
1. LEVER /busd - 1002.31% (High&Low: 2274.3%)
2. ANC /busd - 784.61% (High&Low: 1519.88%)
3. BNX /usdt - 639.54% (High&Low: 1369.09%)
4. REN /usdt - 593.44% (High&Low: 1249.88%)
5. MASK /usdt - 580.46% (High&Low: 1281.46%)
6. PHB /busd - 574.7% (High&Low: 1326.25%)
7. OCEAN /usdt - 545.74% (High&Low: 1196.13%)
8. HNT /busd - 543.13% (High&Low: 1220.3%)
9. AMB /busd - 537.81% (High&Low: 1220.83%)
10. RLC /usdt - 514.08% (High&Low: 1087.3%)
11. BAND /usdt - 509.97% (High&Low: 1036.89%)
12. ANT /usdt - 505.74% (High&Low: 1059.93%)
13. DYDX /usdt - 483.25% (High&Low: 1051.11%)
14. WAVES /usdt - 475.18% (High&Low: 1080.01%)
15. LIT /usdt - 468.61% (High&Low: 1041.93%)
The coin showed the worst result: BTC /usdt - 122.62% (High&Low: 291.98%).
Full list of analyzed coins: www.tradingview.com
Analysis information for all coins: docs.google.com
Thanks for your attention!
January EffectHello guys! Have you ever heard of the "January effect"? It's a pattern that has been observed in financial markets where the prices of small cap stocks tend to go up in the month of January. Some people think this happens because of tax-loss selling (when investors sell stocks that aren't doing well in order to reduce their tax burden) or because more people are interested in buying small cap stocks at the start of a new year. It's important to remember that the January effect isn't a sure thing and shouldn't be the only reason you make investment decisions.
What do you think about this effect?