- Bitcoin has historically seen gains in December, with increases in 8 of the past 13 Decembers. Notable gains include 14.1% in 2015, 29.2% in 2016, and 38.8% in 2017.
- Bitcoin has already seen strong gains so far in Q4 2022, with a 28.5% increase in October and projected 71.8% gain in November. This momentum could continue into December.
- The only exception was a 33.2% drop in December 2013. Overall the data suggests potential for another increase this December, continuing Bitcoin’s end-of-year bullish pattern.
Bitcoin has historically seen an uptick in December, repeating this end-of-year bullish pattern in 8 of the past 13 years. Notable December increases include 14.1% in 2015, 29.2% in 2016, and 38.8% in 2017. Even in strong performance years like 2020’s 47.8% November gain, December maintained its reputation as a strong month.
The only exception was 2013’s -33.2% December drop. However, the overall data suggests Bitcoin investors could see another increase this December, continuing Q4 momentum.
Q4 Momentum Thus Far
With a 28.5% increase in October and a projected 71.8% November gain, Bitcoin’s Q4 performance has been strong so far, with a cumulative 37.7% fourth quarter gain to date.
Historical December Performance
In recent history, December has consistently been a positive month for Bitcoin, with gains in 8 of the past 13 Decembers. Highlights include:
- 2015: 14.1% gain
- 2016: 29.2% gain
- 2017: 38.8% gain
The one exception was December 2013, when Bitcoin saw a 33.2% drop. Overall though, the data points to potential for further gains this December.
Conclusion
Given Bitcoin’s solid Q4 momentum and historically bullish December performance, the cryptocurrency could see its typical end-of-year surge continue into this December. Investors may be able to capitalize on this trend.
