Abubakar Mikailu
@datti19
Financial markets often experience significant growth during the year-end period, particularly for stocks and cryptocurrencies. This phenomenon, known as the “Santa Claus Rally,” refers to a consistent rise in stock market indices around Christmas (December 25). For Bitcoin and the cryptocurrency market, the benefits extend beyond this seasonal upward trend. Macro factors are also playing a crucial role in creating a favorable environment. Indicators of Bitcoin supply on the blockchain and exchanges are showing positive signals. Furthermore, pro-crypto policies under former President Trump are seen as a significant catalyst driving the strong price rally.
0 reply
0 recast
9 reactions