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How Has Bitcoin Typically Performed During The Last Week Of The Year?
Does the crypto leader usually move a lot or remain stagnant heading into a new year?
As we enter the final days of 2021, it’s a time to reflect on the past year and look forward to the next journey around the sun. For crypto investors, recent volatility has made predicting the future a near impossibility. But what might be expected in the short term? Looking at Bitcoin, the bellwether of the market, how has it traditionally done during the last week of the year, between Christmas and New Year’s Day?
Using Investing.com’s historical Bitcoin price data, we find the following movement in Bitcoin during the final week of the year going back to 2015:
Christmas, 2020 Price: $24,689.60
New Year’s Day, 2021 Price: $29,359.90
Change: +11.9%
Christmas, 2019 Price: $7,224.80
New Year’s Day, 2020 Price: $7,199.80
Change: -0.4%
Christmas, 2018 Price: $3,762.50
New Year’s Day, 2019 Price: $3,809.40
Change: +1.2%
Christmas, 2017 Price: $13,833.50
New Year’s Day, 2018 Price…
