Bitcoin’s Historical December Performance

We’re peeling back the calendar pages to see how Bitcoin has closed out each year in December. ❄️

December 2010: The Infant Takes Its First Steps πŸ‘Ά

  • Opening: $0.2
  • Closing: $0.3
  • Result: πŸ“ˆ Bullish (up +44.09%)

December 2011: The Toddler Finds Its Feet 🚢

  • Opening: $3
  • Closing: $4.7
  • Result: πŸ“ˆ Bullish (up +58.92%)

December 2012: Playtime in the Sandbox πŸ–οΈ

  • Opening: $12.6
  • Closing: $13.5
  • Result: πŸ“ˆ Bullish (up +7.48%)

December 2013: The Teenager’s Temper Tantrum 🌩️

  • Opening: $1,205.70
  • Closing: $805.9
  • Result: πŸ“‰ Bearish (down -33.15%)

December 2014: The Sullen Sophomore πŸ“‰

  • Opening: $374.9
  • Closing: $318.2
  • Result: πŸ“‰ Bearish (down -15.12%)

December 2015: Sweet Sixteen πŸŽ‚

  • Opening: $378
  • Closing: $430
  • Result: πŸ“ˆ Bullish (up +13.75%)

December 2016: Coming of Age Party πŸŽ‰

  • Opening: $742.5
  • Closing: $963.4
  • Result: πŸ“ˆ Bullish (up +29.75%)

December 2017: The Big Bash 🍾

  • Opening: $9,947.10
  • Closing: $13,850.40
  • Result: πŸ“ˆ Bullish (up +39.25%)

December 2018: The Hangover πŸ€•

  • Opening: $4,038.70
  • Closing: $3,709.40
  • Result: πŸ“‰ Bearish (down -8.18%)

December 2019: The Recovery πŸ›Œ

  • Opening: $7,546.50
  • Closing: $7,196.40
  • Result: πŸ“‰ Bearish (down -4.64%)

December 2020: The Quarantine Effect 🦠

  • Opening: $19,697.80
  • Closing: $28,949.40
  • Result: πŸ“ˆ Bullish (up +46.97%)

December 2021: The Correction πŸ“

  • Opening: $56,891.70
  • Closing: $46,219.50
  • Result: πŸ“‰ Bearish (down -18.75%)

December 2022: Finding Equilibrium βš–οΈ

  • Opening: $17,163.40
  • Closing: $16,537.40
  • Result: πŸ“‰ Bearish (down -3.65%)

πŸ“Š December’s Historical Scoreboard

Bullish Decembers: 7️⃣
Bearish Decembers: 5️⃣

Average Increase: +32.73%
Average Decrease: -16.28%

December’s performance is a Christmas present from an estranged aunt – probably disappointing, possibly surprising, but always cringe. With 7 bullish and 5 bearish Decembers, the only constant is unpredictability.

The average gain of +32.73% makes December a month that could bring holiday cheer, but the average decrease of -16.28% could also leave investors feeling like they received coal in their stockings.

Looking ahead to December 2023, the question on everyone’s minds is: will Bitcoin end the year with a bang or a whisper? History suggests a coin flip is as good a predictor as any. So, to all the crypto aficionados, hodlers, and day traders, may the odds be ever in your favor. πŸš€

Learn More About...

More in   Crypto

View All

Technically Speaking – February 21, 2024

My first Litepaper and first Technically Speaking since my short break and the transition to a new newsletter service have me swamped. πŸ₯΅

But there was no way I was not going to a Technically Speaking – so we’ll keep this one short and sweet.Β 

Read It

News In Three Sentences – February 28, 2024

Great Zeus’s Beard That’s A Lot: BTC ETF trading volume spiked over $7.5 billion, more than double its previous record. 😱 WatcherGuru has more

BlackRock Turns Bitcoin ETFs into Its Own Personal Money Printer: BlackRock’s ($BLK) massive $520 million infusion into $BTC ETFs, combined with Europe’s unrelenting buying spree and a nifty GBP arbitrage opportunity on $COIN, propelled Bitcoin past the $60,000 mark despite expectations of a pause. Short-sellers everywhere are now questioning their life decisions. πŸš€ Β  Β Read more from TrustNodes

Read It