Bitcoin and Crypto Market Outlook: December 2024

Yesterday, Bitcoin reached a historic milestone, breaking through the $100K mark—a strong psychological resistance level. A six-figure Bitcoin has long seemed unfathomable for many, but here we are. I vividly remember predicting Bitcoin’s bottom at $16K in 2022 using our Bitcoin Bottom Range Indicator (see post). Now, as we close out the year, December is shaping up to be a pivotal month.

In this blog, I’ll address two key questions:

1. What might Bitcoin do by year’s end?

2. How could altcoins perform as we head into 2025?

Let’s dive in.

December and Bitcoin’s Historical Performance

Historically, December in election years has been a green month for Bitcoin, although with its fair share of volatility. The data suggests that Bitcoin is likely to close the month on a positive note.

Additionally, with over 96% of Bitcoin’s supply in profit, selling for tax-loss purposes is highly unlikely. Any selling pressure will likely come from profit-taking instead.

🌟 Explore More: This interactive graph, along with others (1000+), is available on our platform and updated daily to help you make informed decisions.

Expected Patterns of Selling Pressure

Examining past election years, I found that Bitcoin’s return on investment (ROI) after election day closely mirrors the patterns observed in 2020. For instance, Bitcoin experienced two notable dips in December—one during the first week and another around December 11. Both were followed by sharp recoveries, with prices rallying by December 21 and achieving even greater gains by year’s end.

Based on these patterns, a similar trajectory could unfold this December. However, predicting precise windows of volatility is challenging as the data sample we have is small, so caution is advised.

Why I’m Not Accumulating Bitcoin Right Now

While I believe Bitcoin’s price could increase by 80-100% from its current levels to reach $180K-$200K, my focus has shifted to altcoins. I’ve already accumulated enough Bitcoin since $16K, and altcoins are expected to significantly outperform Bitcoin in 2025.

Altcoin Opportunities in 2025

Altcoins often deliver extraordinary returns during bull markets, with gains of 1000% or more. However, choosing the right altcoins is critical since the majority—over 95%—are likely to lose extreme amounts of value by 2026. Here’s why 2025 could be a transformative year for altcoins:

1. Monetary Policy Shifts: Central banks worldwide are expected to further reduce interest rates, freeing up capital for retail investors as mortgage/loan payments decline.

2. Retail FOMO: Many retail investors may perceive Bitcoin as “too expensive,” opting instead for smaller-cap altcoins with higher perceived potential returns.

3. Increased Liquidity: Global liquidity is projected to rise in 2025, and a portion of this will likely flow into the crypto market.

Welcome to Altcoin Season

Over the past three days, we’ve officially entered Altcoin Season—a period when the top 50 altcoins outperform Bitcoin over a 90-day stretch. These seasons typically last 3-6 months, though multiple altcoin seasons can occur within a single market cycle, depending on factors such as market conditions, excessive leverage, and FOMO.

It’s crucial to monitor the market daily, as markets are dynamic and ever-changing. Achieving success during this period requires careful planning, reliable tools, and a solid understanding of market trends.

In our premium plan, my team and I have curated a list of 21+ altcoins that we believe have strong potential in 2025. This list is updated weekly to keep you informed of the best opportunities as the market evolves.

Final Thoughts

The probability of a sustained altcoin season in Q1 2025 is high. If you want to capitalize on this rare opportunity, preparation is key. Develop a solid strategy, educate yourself, and leverage tools that provide actionable insights. The time you invest now could be the most rewarding decision of your life.

Let’s make 2025 a year of growth and opportunity—together.

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