[Block Rhythm] flipped through Bitcoin's old ledger and found that the month of December is quite interesting.
Since 2013, BTC has gone through a total of 12 Decembers. Performance? 5 wins and 7 losses, it seems like there are more bears than bulls. However, the most intense increase occurred in December 2020, skyrocketing by 46.92%, that move was indeed powerful. Looking back, the worst December happened in 2013, when it dropped by 34.81%, old hands probably still remember that feeling.
Here comes some more interesting data: In December over the past 12 years, the average return rate is 4.03%, sounds good, right? But the median is actually -3.59%. What does this indicate? It means that in most years, the market was actually down, only a few spikes in price raised the average. So don't be fooled by the average; the December market is not necessarily stable.
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Bitcoin December curse? 12 years of data reveal whether this month is a rise or fall.
[Block Rhythm] flipped through Bitcoin's old ledger and found that the month of December is quite interesting.
Since 2013, BTC has gone through a total of 12 Decembers. Performance? 5 wins and 7 losses, it seems like there are more bears than bulls. However, the most intense increase occurred in December 2020, skyrocketing by 46.92%, that move was indeed powerful. Looking back, the worst December happened in 2013, when it dropped by 34.81%, old hands probably still remember that feeling.
Here comes some more interesting data: In December over the past 12 years, the average return rate is 4.03%, sounds good, right? But the median is actually -3.59%. What does this indicate? It means that in most years, the market was actually down, only a few spikes in price raised the average. So don't be fooled by the average; the December market is not necessarily stable.