Here's What History Says to Expect for Bitcoin in December

Core Viewpoint - Bitcoin has experienced a slight decline of around 5% this year, raising concerns about its performance in December, especially following a negative November [1][5]. Historical Performance - December's average gain for Bitcoin is modest at approximately 4.8%, influenced by a few exceptional years with gains over 25% [3]. - The median performance for December shows a decline of 3.2%, with Bitcoin finishing higher only five times in the last 12 years [3]. - Historical patterns indicate that when both October and November are negative, December tends to follow suit, as seen in previous years [5]. Market Sentiment and Strategy - Investors are advised to approach December with caution, as the seasonal data suggests a likelihood of continued declines [6][10]. - The investment thesis for Bitcoin is based on its finite supply and growing institutional adoption, rather than seasonal price performance [8]. - Accumulating Bitcoin during weak market conditions may be a more strategic approach than waiting for price rallies [9][11]. Long-term Outlook - A focus on long-term investment rather than short-term fluctuations is recommended, as Bitcoin's value may increase over time despite potential short-term declines [12].