TechFlow, on December 25, Jack Kong (Jianping Kong), founder of Nano Labs, posted an analysis indicating that Bitcoin prices have shown a clear cyclical pattern during Christmas periods, surging from $0.25 in 2010 to $98,200 in 2024—an increase of nearly 400,000 times over 14 years. Data shows bear market bottoms typically occur around Christmas: $319 in 2014, $3,815 in 2018, and $16,831 in 2022. The analysis forecasts Bitcoin will retrace to $88,000 in 2025, reflecting market expectations for cyclical adjustments. This volatility is precisely the growth characteristic of digital assets as an emerging store of value.
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