The historical law shows that "Santa Claus rebounds" and "December effect" also has a chain reaction to the encryption market.

According to myfxinfo by comparing historical data the researchers found that in the 10-year history of Bitcoin its price tends to decline at the beginning of the year and the end-of-year encryption market seems to be welcoming more and more optimism. This model has occurred in 2012 2013 2014 2015 2016 and 2018. Although there is no clear reason many people attribute it to the so-called "Santa Claus bounce" or "December effect" especially in the last week of the new year and the annual rebound in the stock market in December may be The encryption market has a chain reaction. In addition this rebound may be just a self-fulfilling prophecy among traders that is if enough people expect prices to rise in December they will buy more bitcoins in December which will lead to price increases.