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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Crypto community expresses Christmas market sentiments: ‘No Santa rally’
Traders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the holidays. Crypto community members expressed their disappointment by sharing memes, with some even employing their creativity through poetry. On Dec. 23, Data tracker Coinstats shared an image showing positive
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BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022 – Featured Bitcoin News
By the end of this year bitcoin will have 13 consecutive years of recorded market value under its belt. Seven of those years saw Santa rallies all the way up until New Year’s Eve, and five of the 13 years saw bearish returns from Dec. 1 to Dec. 31. There’s
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BTC price foregoes Santa rally as Bitcoin volatility hits record low
Bitcoin (BTC) failed to deliver a Santa rally for Christmas 2023 as Dec. 25 offered even more sideways BTC price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin volatility index plumbs lowest ever levelsData from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a tight trading range around $16,800.The pair
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The Santa Rally Effect: True or Myth?
The Santa Rally, also known as the “December Effect,” is a phenomenon that refers to a trend of stock and cryptocurrency markets seeing an increase in prices during the last days of December. This trend is believed to be caused by a combination of factors, including increased holiday spending, end-of-year
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Binance Spreads Holiday Cheer With Themed Gift Card And Secret Santa Events
Place/Date: Paris, France - December 21st, 2022 at 7:16 am UTC · 3 min read Contact: Tal Dotan, Source: Binance Binance, the leading cryptocurrency exchange, is spreading holiday cheer with festive events and promotions. Last year, Binance introduced its popular Gift Cards, empowering users to gift cryptocurrency in
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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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Bitcoin ‘Santa rally’ pauses at $51.5K as funds bet on a sub-$60K BTC price for January 2022
Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a "Santa rally" coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC sees potent long-term retestData from Cointelegraph Markets Pro and TradingView saw BTC/USD preserve its gains from Dec. 23, these totaling 6% with resistance
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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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