Crypto markets have historically performed well through the festive season during bull markets, but Bitcoin's dismal December performance has quashed hopes of a so-called Santa Claus rally — a price jump during the last five trading days of December through to the first two trading days in January. Crypto trader Mister Crypto compared Bitcoin's performance from previous years and noted that there were big rallies between Christmas and New Year in 2016 and 2020, the years that preceded market cycle peaks.
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