Bitcoin’s New Year Report Card: Is It Expected to Rise or Fall These Two Weeks?

We have compiled for you how Bitcoin has performed one week before and one week after New Year’s Eve since 2014.

New Year’s performances in Bitcoin difference from year to year shows and according to its situation at that time performance during the year is quite impressed. In this article, we have the last for you Bitcoin in 10 years from new year one week before and one week after We will examine how it performs.

2013

2013, which we can call the year in which Bitcoin proved itself, was $1,000 level It was the year he passed for the first time. At that time, a week before New Year’s Eve $690 found at levels bitcoin, 1 January However, these levels were areas that we can call the peak. Bitcoin experienced a bear season in 2013 It had lost 75% of its value.

2014

2014 was a long-term bear season and people Some confidence in Bitcoin had damaged it. A few days before New Year’s Eve Bitcoin dropped to $263 It continued to decline on New Year’s Eve and a week after.

2015

Even though it did not show the performance of the bull season, Bitcoin gained momentum in 2015, which was a year of growth. 12% a week before Christmas with a rise for $412 had reached . With the start of the new year, Bitcoin experienced a sharp decline but continued the year with an increase.

2016

Bitcoin spent almost the entire year on the rise in 2016. As we enter the last days of the year, A structure similar to 2015 the last one 1 week rise, first week of the year followed by a downward performance. 180% in 2016 Bitcoin, which had a positive year with an increase, back to $1,000 levels It was close.

2017

Bitcoin, which started the first week of the year with a decline, completed the year with a bull season. Bitcoin suffered a sharp sell-off in the last week of the year 38% value despite losing the year 1,900% rise with 15 thousand dollars completed at levels. Bitcoin started with an increase in early 2017, despite the decline it experienced a week ago. year 2017, At that time this situation took place 4 years happened.

2018

2018, a year that was a bear season, saw the price of Bitcoin to 3 thousand dollars resulted in its fall. In the last week of 2018 up 31% Bitcoin, from the beginning of the year It dropped the following week.

2019

Bitcoin, which experienced a rapid recovery despite the decline in the first week of the year, rebounded during the year. 10 thousand dollars had exceeded it. But this year too decreased in the last week and rose sharply in the first week of the year showed.

2020

Bitcoin’s strangest year compared to other years remarkable 2020the fall of the covid-19 pandemic and its aftermath increased to 700% within the year experienced a near increase in value. Bitcoin did not experience a decrease in its volatility in the last week of 2020 and closed the week before New Year’s Eve in green and welcomed the new year with a green candle.

2021

2021, which is remembered as the year when many people participated in the cryptocurrency market, lows and highs It draws attention with. While Bitcoin reached its all-time high during the year, this year ended with a loss of volatility similar to others. Bitcoin of 2021 It had decreased in the last week and First week of 2022 in red had started it.

2022

A year that many of us remember closely 2022 full It was bear season. While there were many chaos, bankruptcies and bankruptcies in the cryptocurrency market throughout the year, in total 65% It ended with a decrease. bitcoin, of 2022 While it closed its last week with a slight decline, it entered the new year like a bomb from the first week and at the time of writing experienced a 163% increase is in the situation.

What to expect in 2023 based on historical data

According to historical data, from the beginning of the year a week ago one week later volatility One amount fell and yThe week it closes the year and the week it opens It was observed that there was a change between Therefore, the candle that Bitcoin will close next week and the candle that will open in the first week of 2024 are it will be wrong It is foreseen. Additionally, according to the data, the future The week will be completed with low volatility. It is estimated.

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