According to ChainCatcher's message, based on the analysis of on-chain analyst Ai Aunt, the volatility of Bitcoin during the Christmas & New Year's holidays in the past five years has been significantly larger, but the actual gains and losses, except for 2020, have been within 10%.
In 80% of the years, the coin price performance in the following two months has been quite good. If the buy the dips time is narrowed down to the week after New Year's Day, the probability of profit is still 60%.
Observing the performance of the Nasdaq index in the past five years, the range fluctuation during the Christmas period is large, but the overall gains and losses are not significant, so it can be inferred that: After the holiday, the US stock market will not have a significant negative impact on Bitcoin.
In summary, although this round of the bull market is greatly affected by the inflow and outflow of BTC ETFs, the Nasdaq index did not decline significantly during the Christmas period and even after the end, and the impact on cryptocurrencies is not large. The rise and fall of Bitcoin itself is contrary to the conjecture of the "Christmas massacre".
