@everyone



**Almost Every December Bitcoin is Red, How About This Year?**

In the journey of Bitcoin (BTC) in December every year, the majority of its price is colored red, meaning it is down.

It is recorded that in the past 6 years, Bitcoin has declined with details of a 5.15% drop in 2019, a plunge of 18.9% in 2021, a decrease of 3.59% in 2022, and a drop of 2.8% at the end of last year.

However, Bitcoin only turned green in 2020 and 2023 with increases of 46% and 12%, respectively.

However, according to Managing Partner and Head of Research at Fundstrat Global Advisors Thomas Lee, he believes Bitcoin can close this month at a price between US$150 thousand and US$200 thousand.

"I think we can still reach US$150 ( thousand) or US$200 ( thousand) for Bitcoin, and then around US$7,000 for Ethereum," as reported in an interview with CNBC Television on YouTube, Monday (03/11).

_Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR)._

-# Image Source: Crypto Academy
BTC0.94%
ETH0.46%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)