There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.
Opinion by: Gracy Chen, CEO of Bitget
You’ve heard of the halvening and Uptober, but are you familiar with the other major calendar event when crypto is odds-on to go up? Say hello to the Santa Claus rally, bringing good tidings and cheer to traders worldwide. If all you want for Christmas is a screen-busting green candle for all your crypto bags, this is the seasonal event for you.
What’s the basis for believing in a Santa Claus rally, and is there any reason to think that 2024 will live up to previous years? Let’s examine the science behind this distinctively unscientific phenomenon.
