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 👶
- Opening: $0.2
- Closing: $0.3
- Result: 📈 Bullish (up +44.09%)
December 2011: The Toddler Finds Its Feet 🚶
- Opening: $3
- Closing: $4.7
- Result: 📈 Bullish (up +58.92%)
December 2012: Playtime in the Sandbox 🏖️
- Opening: $12.6
- Closing: $13.5
- Result: 📈 Bullish (up +7.48%)
December 2013: The Teenager’s Temper Tantrum 🌩️
- Opening: $1,205.70
- Closing: $805.9
- Result: 📉 Bearish (down -33.15%)
December 2014: The Sullen Sophomore 📉
- Opening: $374.9
- Closing: $318.2
- Result: 📉 Bearish (down -15.12%)
December 2015: Sweet Sixteen 🎂
- Opening: $378
- Closing: $430
- Result: 📈 Bullish (up +13.75%)
December 2016: Coming of Age Party 🎉
- Opening: $742.5
- Closing: $963.4
- Result: 📈 Bullish (up +29.75%)
December 2017: The Big Bash 🍾
- Opening: $9,947.10
- Closing: $13,850.40
- Result: 📈 Bullish (up +39.25%)
December 2018: The Hangover 🤕
- Opening: $4,038.70
- Closing: $3,709.40
- Result: 📉 Bearish (down -8.18%)
December 2019: The Recovery 🛌
- Opening: $7,546.50
- Closing: $7,196.40
- Result: 📉 Bearish (down -4.64%)
December 2020: The Quarantine Effect 🦠
- Opening: $19,697.80
- Closing: $28,949.40
- Result: 📈 Bullish (up +46.97%)
December 2021: The Correction 📐
- Opening: $56,891.70
- Closing: $46,219.50
- Result: 📉 Bearish (down -18.75%)
December 2022: Finding Equilibrium ⚖️
- Opening: $17,163.40
- Closing: $16,537.40
- Result: 📉 Bearish (down -3.65%)
📊 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. 🚀