There’s still six more days left until the end of 2022, but current bitcoin market action seems to point toward negative returns this month.
as it was up above $20K per unit before FTX collapsed. That specific event sent shockwaves through not only the industry, but it caused crypto markets to drop considerably in fiat value as well.
As of right now on Dec. 25, 2022, it does not seem like a Santa rally is in the cards for bitcoiners but you never know how the year could end. Over the next week,could jump 10% or more higher and end 2022’s dismal bear market with a bang. Or we just might see what we’ve seen during the past few weeks, which is a whole lot of lackluster movements, low volumes since the FTX aftermath subsided, and a great deal of consolidation.
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