Analysis: The U.S. stock market's "Santa Claus rally" may bring hope to Bitcoin bulls and alleviate recent downward pressure

TechFlow news, December 22 — According to CoinDesk, historical data shows that the S&P 500 index tends to rise during the last week of December and the first two trading days of January. If this pattern repeats, it could ease Bitcoin's current struggles, as Bitcoin undergoes its toughest fourth quarter since 2022. Market statistics indicate that since 2005, the S&P 500 has risen 15 times during the "Santa Claus rally," declining only five times, with an average gain of 0.58%. However, Bitcoin’s "Santa Claus rally" history has been volatile—strong rebounds of 33% in 2011 and 46% in 2016 contrast with weak performances in other years, such as a 14% drop in 2014 and a 10% decline in 2021.