PANews reported on December 23 that according to analysis of data from the past five years by @ai_9684xtpa, BTC generally has larger fluctuations during the Christmas holiday period from December 20 to January 6, but the actual gains or losses, except for 2020, have not exceeded 10%.
It is worth noting that in 80% of the years, BTC performed better in the two months after the holiday, and if the buy the dips time is narrowed to the first week after New Year's Day, the probability of profit is still 60%.
In addition, the Nasdaq index in the US had large fluctuations during the Christmas period, but the overall gains and losses were limited, and the impact on BTC was not obvious.
The analysis pointed out that although the current market is greatly affected by the flow of funds from BTC ETFs, the market performance during the Christmas holiday did not show the threat of a "Christmas massacre".
