Bitcoin Santa Rally 2024: Can BTC Bulls Find Hope in Seasonal Stock Market Trend?

The cryptocurrency market is eyeing a potential seasonal boost as the famed "Santa Claus Rally" approaches. This stock market tradition, characterized by a surge in equity prices in the final week of December and the first two trading days of January, is now offering a glimmer of hope to beleaguered Bitcoin investors. Historically, this period has shown positive returns for risk assets, and analysts are debating whether Bitcoin (BTC) and the broader crypto market could mirror this bullish seasonal pattern. While past performance is no guarantee, the phenomenon provides a psychological and statistical framework for traders anticipating a year-end recovery. The key question remains if macroeconomic pressures will override this traditional tailwind for BTC and altcoins.