Analyst Predicts ‘Santa Claus Squeeze’ May Deliver Year-End Gains
Markus Thielen, the Head of Crypto Research and Strategy at Matrixport, has hinted at a potential pre-Christmas rally with Bitcoin leading the
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Bitcoin Santa Claus rally unlikely, according to on-chain and derivatives data
As the coldest days of the crypto winter set in, investors’ speculative interest in the crypto market has fallen to pre-2021 levels, impairing the chance of a substantial directional price move. However, there’s a possibility of a bear market rally akin to the July through August 2022 uptrend.The market enters
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First Mover Asia: Santa Claus Rally Sends Bitcoin North of $50K
(Edited by James Rubin)Good morning. Here’s what’s happening:Market moves: The crypto market cheers for a “Santa rally” as bitcoin crossed a key price level at $50,000.Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing the third in a series of
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Could Bitcoin Benefit From A Santa Claus Rally?
CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers
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A ‘Santa Claus Rally’ for the Stock Market?
Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why a Santa Claus rally might not happen this year.This kind of rally refers to the fact that in about two-thirds of years since 1969, late December has seen a stock market rally,
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Is Bitcoin on Brink of Santa Claus Rally?
The Bitcoin and crypto money markets have thrust in a downward pattern for quite some time, but with only half a month until Christmas, Bitcoin bulls are anticipated, could we be expecting another Santa Claus rally?The Bitcoin price forecast is approximately a part of the highs of its year so
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No Santa Claus Rally as Crypto Analysts Remain Extremely Bearish on Bitcoin
Bitcoin is likely to end 2019 on a bearish tone.Analysts share their year-end predictions and it appears that there will be no Christmas rally.With bitcoin flirting with $6,800 support, we might see a painful leg down soon.Bitcoin bulls might be sitting out the last month of 2019. While December has
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