Looking at historical data, an interesting phenomenon has been discovered — every year on Christmas Eve, Bitcoin is telling its own story.



In the early years, the prices were quite modest. In 2013, it was $666, in 2014, it dropped to $323, and at that time, no one expected what would happen later. In 2015, it rebounded to $455, and in 2016, it broke through the $900 mark, causing the entire market to become restless.

The real madness began in 2017 — by Christmas Eve, it had skyrocketed to $13,926, and many people rushed in during that phase. But the following year, 2018, it was halved to $4,079, teaching many a lesson.

In the subsequent years, the price continued to rise. In 2019, it reached $7,323, in 2020, it jumped to $23,736, and in 2021, it hit a record high of $50,822. In 2022, it sharply corrected to $16,822, and the market experienced a clear cycle adjustment.

The past two years have been very strong. In 2023, on Christmas Eve, it reported $43,665, and in 2024, it continued upward to $94,120, but unfortunately, in 2025, it pulled back to $87,340. If there is a pattern, it’s roughly a big cycle every few years, with various fluctuations in between. For long-term participants, this has long been nothing new.
BTC-1,34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
RunWithRugsvip
· 22h ago
Everyone who entered in 2017 is crying now. Do you still dare to talk about patterns at 87k? Cycle theory is the biggest deception.
View OriginalReply0
OnchainFortuneTellervip
· 22h ago
I really missed the boat in 2017, and I'm still regretting it now.
View OriginalReply0
SchroedingerAirdropvip
· 22h ago
The wave of entry in 2017 is probably still in psychological preparation. Dropping from 94,120 to 87,340 has left a psychological shadow.
View OriginalReply0
StablecoinAnxietyvip
· 22h ago
It's the Christmas Eve curse again, huh? I'm really done with this.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt