Happy new year everyone, just for fun I thought we could take a look at BTC performance in the lead up and aftermath of New Year's Eve for the past 5 years.
There's definitely an interesting trend that the run up to New Year's Eve tends to see extremes of price. This year, although it might seem like a lifetime ago now BTCUSDT was at an All Time High of 69,000.00 exactly (crazy right?) on November 10th 2021, with a 30% correction since then.
New Year's Eve of 2020 was certainly a time of celebration as we broke a new All Time High on November 30th 2020, and continued to make new high after new high!
New Year's Eve of 2019 was a less exciting affair for the bulls, after hitting a 6 Month Low on December 18th, but price bounced back for a >60% gain by mid-February of 2020.
New Year's Eve of 2018 was even more painful for bulls, as price hit the Low Of Year on December 15th at 3156.26 - More than an 80% drop since the highs of earlier that year in January 2018!
New Year's Eve of 2017 was of course the infamous bull run, hitting an All Time High of 19798.68 on December 17th 2017 (Seriously, are you seeing a trend with these dates?), only to drop over 40% in the following 2 weeks to December 30th.
What a wild ride it's been!
If you enjoyed this post give a Like, perhaps a Follow and leave a comment below 😀
HAPPY NEW YEAR TO ALL, MAY IT BE YOUR BEST YET!
There's definitely an interesting trend that the run up to New Year's Eve tends to see extremes of price. This year, although it might seem like a lifetime ago now BTCUSDT was at an All Time High of 69,000.00 exactly (crazy right?) on November 10th 2021, with a 30% correction since then.
New Year's Eve of 2020 was certainly a time of celebration as we broke a new All Time High on November 30th 2020, and continued to make new high after new high!
New Year's Eve of 2019 was a less exciting affair for the bulls, after hitting a 6 Month Low on December 18th, but price bounced back for a >60% gain by mid-February of 2020.
New Year's Eve of 2018 was even more painful for bulls, as price hit the Low Of Year on December 15th at 3156.26 - More than an 80% drop since the highs of earlier that year in January 2018!
New Year's Eve of 2017 was of course the infamous bull run, hitting an All Time High of 19798.68 on December 17th 2017 (Seriously, are you seeing a trend with these dates?), only to drop over 40% in the following 2 weeks to December 30th.
What a wild ride it's been!
If you enjoyed this post give a Like, perhaps a Follow and leave a comment below 😀
HAPPY NEW YEAR TO ALL, MAY IT BE YOUR BEST YET!
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