Analysis of Bitcoin Trends at Year-End: "Year-End Dump", "Year-End Pump", and "Santa Rally"

As the year-end holiday season approaches, the crypto community often mentions terms such as 'Year-End Dump,' 'Year-End Pump,' and 'Santa Rally.' These phrases reflect expectations and price trends of Bitcoin (BTC) from December 20th to the end of the year. But what has actually happened in the past 4 years? Here is a detailed analysis based on Bitcoin's historical data. Bitcoin Historical Data End of Year (Past 4 Years) We will only consider the price chart of BTC as it is the key currency, leading the trend of the entire crypto market. Year 2020

Period: 20/12/2020 - 31/12/2020Progress: Bitcoin has had a strong price increase, breaking through many resistance levels and reaching a new historical price level. This can be seen as a typical "Santa Rally", with high expectations from investors thanks to fiscal and low interest rate policies.Cause: Optimism, strong institutional money flow into the market, and interest in BTC as a safe haven asset. Year 2021

Period: 20/12/2021 - 31/12/2021Development: The market did not really generate a "Santa Rally". BTC maintained a sideways trend with some minor fluctuations, reflecting investor hesitation.Causes: Concerns about new COVID-19 variants and the tightening monetary policies of central banks have made the market cautious. 2022

Period: 20/12/2022 - 31/12/2022Development: The market witnessed a "Year-End Dump" as Bitcoin slightly decreased in price before the end of the year. This event occurred in the context of pessimistic sentiment and selling pressure from retail investors.Causes: Weak sentiment due to the crypto market experiencing a difficult year, including the collapse of major projects and low liquidity waves. Year 2023

Period: 20/12/2023 - 31/12/2023Prediction: Currently, it is not possible to make an accurate conclusion, but the market may fluctuate depending on factors such as the global economic situation, the policies of the US Federal Reserve, and investor sentiment. General Trend: What's Happening with BTC? "Santa Rally" (Price Increase): Occurs when the market is optimistic, with large funds from institutions and individuals flowing into crypto as an investment. "Year-End Dump" (Price Decrease): Occurs when investors take profit or exit positions, especially after a volatile year. "Year-End Pump" (Year-End Price Increase): A short-term price increase, often driven by retail investors or the fear of missing out (fomo) sentiment. Important Factors Affecting Bitcoin Price at the End of the Year Monetary policy: Decisions from the Fed or central banks of countries.Organized capital: Large funds may take advantage of the year-end opportunity to adjust their portfolios.Major events: Positive or negative news about crypto or the financial market in general.Market psychology: Investors' optimism or pessimism. Closing Remarks The Bitcoin price trend during the end of the year is usually unpredictable but cyclical. Understanding the influencing factors can help you make informed investment decisions. Remember that the crypto market is highly volatile, and risk management is extremely important. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)