{"id":479488,"date":"2021-12-21T22:03:58","date_gmt":"2021-12-21T22:03:58","guid":{"rendered":"https:\/\/wncen.com\/?p=479488"},"modified":"2024-06-11T14:10:02","modified_gmt":"2024-06-11T14:10:02","slug":"could-bitcoin-benefit-from-a-santa-claus-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","title":{"rendered":"Could Bitcoin Benefit From A Santa Claus Rally?"},"content":{"rendered":"<p>CNBC personality Jim Cramer has been pushing the possibility of a so-called &#8220;Santa Claus rally&#8221; across the stock market. But could this holiday-related trend have an impact on <a href=\"https:\/\/wncen.com\/crypto\/could-an-elon-musk-time-magazine-cover-predict-the-crypto-cycle-peak\/\">Bitcoin and cryptocurrencies<\/a>?<\/p>\n<h2>Mad Money Host Calls For &#8220;Santa Claus Rally&#8221;<\/h2>\n<p><a href=\"https:\/\/wncen.com\/all\/bitcoin-falls-flat-examining-a-rare-bull-market-corrective-pattern\/\">Bitcoin has taken a beating<\/a>, down substantially from what most of its backers believed the year would be closing at. The stock-to-flow model was predicting anywhere between $100,000 to $288,000 per coin, but instead the top cryptocurrency by market cap is below $50,000 or around half of the lower of the two targets.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/crypto\/could-an-elon-musk-time-magazine-cover-predict-the-crypto-cycle-peak\/\">Could An Elon Musk Time Magazine Cover Predict The Crypto Cycle Peak?<\/a><\/strong><\/em><\/p>\n<p>But the year isn&#8217;t yet over, and a potential Santa Claus rally narrative is slowly spreading across the world of stocks. CNBC Mad Money host Jim Cramer is giving the idea heavy press. First, he tweeted explaining that today is the day it would normally start.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Historically today is the day the Santa Claus rally starts. It worked even during 2007-2009. So it is hard to doubt..<\/p>\n<p>&mdash; Jim Cramer (@jimcramer) <a href=\"https:\/\/twitter.com\/jimcramer\/status\/53534464?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 21, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On Squawk Box, <a href=\"https:\/\/www.cnbc.com\/2021\/12\/21\/cramer-still-believes-in-santa-claus-rally-even-as-omicron-cases-spike.html\" target=\"_blank\" rel=\"noopener nofollow\">Cramer later revealed<\/a> that if &#8220;you bought today and you just held on even for six days, you made money almost every single year.\u201d<\/p>\n<p><a href=\"https:\/\/www.investopedia.com\/terms\/s\/santaclauseffect.asp\" target=\"_blank\" rel=\"noopener nofollow\">According to Investopedia<\/a>, a Santa Claus rally &#8220;describes a sustained increase in the stock market that occurs in the last week of December through the first two trading days in January.&#8221;<\/p>\n<p>Statistics show that there is a remarkably higher probability of strong performance during these key dates based on the <a href=\"https:\/\/wncen.com\/crypto\/could-an-elon-musk-time-magazine-cover-predict-the-crypto-cycle-peak\/\">S&amp;P 500<\/a>. Such rallies are retail driven, and occur for various reasons which include:<\/p>\n<ul>\n<li>Increased investor enthusiasm around the holidays<\/li>\n<li>A low volume environment due to holidays and vacations<\/li>\n<li>More sophisticated short-sellers are on vacation<\/li>\n<li>The end of tax-loss harvesting by institutional or wealthy investors<\/li>\n<\/ul>\n<p>But does such a phenomenon work for Bitcoin and crypto?<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-479496 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/BTCUSD_2021-12-21_15-42-33.png?resize=860%2C391\" alt=\"BTCUSD_2021-12-21_15-42-33\" width=\"860\" height=\"391\"><\/p>\n<pre style=\"text-align: center\">Ho ho how much could crypto climb? | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<h2>Will Bitcoin Climb This Christmas Into The New Year?<\/h2>\n<p>Reviewing past statistics related to Bitcoin price action around the last week of December into the first two trading days of January, data shows there is a <em>lower probability<\/em> of a Santa Claus rally in crypto than in stocks.<\/p>\n<p>Only four years during such timeframe have been positive for Bitcoin, with the most recent occurring last year. With far less data available than <a href=\"https:\/\/wncen.com\/crypto\/could-an-elon-musk-time-magazine-cover-predict-the-crypto-cycle-peak\/\">in the S&amp;P 500<\/a>, anything is still possible when it comes to speculative digital assets.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/all\/bitcoin-falls-flat-examining-a-rare-bull-market-corrective-pattern\/\">Bitcoin Falls Flat: Examining A Rare Bull Market Corrective Pattern<\/a><\/strong><\/em><\/p>\n<p>Other seasonal type data related to this very day might prove to be more profitable. Today also is the Winter solstice, which in the past has been in close proximity to either a top, bottom, or a break of all-time high.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-479501 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/BTCUSD_2021-12-21_16-45-44.png?resize=860%2C411\" alt=\"BTCUSD_2021-12-21_16-45-44\" width=\"860\" height=\"411\"><\/p>\n<pre style=\"text-align: center\">The Winter Solstice and Fibonacci | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>With this Winter solstice having failed to produce the peak of a rally, it could \u2013 like it has in the past \u2013 instead put in a short-term bottom that runs until the next equinox. And its possible that it starts with a Santa Claus rally.<\/p>\n<p>Crypto is notoriously low volume compared to other markets, <a href=\"https:\/\/wncen.com\/news\/bitcoin-price-fomo-fireworks-holidays\/\">especially during holidays<\/a>. The presence of institutional tax loss harvesting and more advanced short hedge positions could have kept Bitcoin price down during the December month, but with that out of the way, retail could push prices up in the near term.<\/p>\n<p>However, <a href=\"https:\/\/finance.yahoo.com\/blogs\/breakout\/santa-claus-rally-not-believe-153852263.html\" target=\"_blank\" rel=\"noopener nofollow\">according to the person<\/a> who first mentioned a Santa Claus rally in The Stock Trader&#8217;s Almanac in 1972, Yale Hirsch, the rally itself isn&#8217;t what&#8217;s important. It is what arrives in the year that follows that matters.<\/p>\n<p>&#8220;What&#8217;s important is not to catch this little rally but to use it as indication for what may happen in the coming year,&#8221; he said, calling it &#8220;an early indicator for the year to come.&#8221;<\/p>\n<p>Hirsch&#8217;s\u00a0father even came up with a phrase to help remember:\u00a0&#8220;If Santa clause should fail to call, bears may come to Broad and Wall.&#8221;<\/p>\n<p>https:\/\/twitter.com\/tonyspilotroBTC\/status\/20526857<\/p>\n<p><b><i>Follow <\/i><\/b><a href=\"https:\/\/twitter.com\/tonyspilotroBTC\" rel=\"nofollow\"><b><i>@TonySpilotroBTC on Twitter<\/i><\/b><\/a><b><i> or join\u00a0<\/i><\/b><a href=\"https:\/\/t.me\/TonyTradesBTC\" rel=\"nofollow\"><b><i>the TonyTradesBTC Telegram<\/i><\/b><\/a><b><i> for exclusive daily market insights and technical analysis education<\/i><\/b><b><i>. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice.<\/i><\/b><\/p>\n<pre>Featured image from iStockPhoto, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>CNBC personality Jim Cramer has been pushing the possibility of a so-called &#8220;Santa Claus rally&#8221; across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For &#8220;Santa Claus Rally&#8221; Bitcoin has taken a beating, down substantially from what most of its backers believed the year would be closing at. The stock-to-flow model was predicting anywhere between $100,000 to $288,000 per coin, but instead the top cryptocurrency by market cap is below $50,000 or around half of the lower of the two targets. Related Reading | Could An Elon Musk Time Magazine Cover Predict The Crypto Cycle Peak? But the year isn&#8217;t yet over, and a potential Santa Claus rally narrative is slowly spreading across the world of stocks. CNBC Mad Money host Jim Cramer is giving the idea heavy press. First, he tweeted explaining that today is the day it would normally start. Historically today is the day the Santa Claus rally starts. It worked even during 2007-2009. So it is hard to doubt.. &mdash; Jim Cramer (@jimcramer) December 21, 2021 On Squawk Box, Cramer later revealed that if &#8220;you bought today and you just held on even for six days, you made money almost every single year.\u201d According to Investopedia, a Santa Claus rally &#8220;describes a sustained increase in the stock market that occurs in the last week of December through the first two trading days in January.&#8221; Statistics show that there is a remarkably higher probability of strong performance during these key dates based on the S&amp;P 500. Such rallies are retail driven, and occur for various reasons which include: Increased investor enthusiasm around the holidays A low volume environment due to holidays and vacations More sophisticated short-sellers are on vacation The end of tax-loss harvesting by institutional or wealthy investors But does such a phenomenon work for Bitcoin and crypto? Ho ho how much could crypto climb? | Source: BTCUSD on TradingView.com Will Bitcoin Climb This Christmas Into The New Year? Reviewing past statistics related to Bitcoin price action around the last week of December into the first two trading days of January, data shows there is a lower probability of a Santa Claus rally in crypto than in stocks. Only four years during such timeframe have been positive for Bitcoin, with the most recent occurring last year. With far less data available than in the S&amp;P 500, anything is still possible when it comes to speculative digital assets. Related Reading | Bitcoin Falls Flat: Examining A Rare Bull Market Corrective Pattern Other seasonal type data related to this very day might prove to be more profitable. Today also is the Winter solstice, which in the past has been in close proximity to either a top, bottom, or a break of all-time high. The Winter Solstice and Fibonacci | Source: BTCUSD on TradingView.com With this Winter solstice having failed to produce the peak of a rally, it could \u2013 like it has in the past \u2013 instead put in a short-term bottom that runs until the next equinox. And its possible that it starts with a Santa Claus rally. Crypto is notoriously low volume compared to other markets, especially during holidays. The presence of institutional tax loss harvesting and more advanced short hedge positions could have kept Bitcoin price down during the December month, but with that out of the way, retail could push prices up in the near term. However, according to the person who first mentioned a Santa Claus rally in The Stock Trader&#8217;s Almanac in 1972, Yale Hirsch, the rally itself isn&#8217;t what&#8217;s important. It is what arrives in the year that follows that matters. &#8220;What&#8217;s important is not to catch this little rally but to use it as indication for what may happen in the coming year,&#8221; he said, calling it &#8220;an early indicator for the year to come.&#8221; Hirsch&#8217;s\u00a0father even came up with a phrase to help remember:\u00a0&#8220;If Santa clause should fail to call, bears may come to Broad and Wall.&#8221; https:\/\/twitter.com\/tonyspilotroBTC\/status\/20526857 Follow @TonySpilotroBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":479493,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,78790,11632,6664,84994,4524],"class_list":["post-479488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-christmas","tag-crypto","tag-santa-claus-rally","tag-xbt"],"acf":[],"yoast_head":"\n<title>Could Bitcoin Benefit From A Santa Claus Rally?<\/title>\n<meta name=\"description\" content=\"CNBC personality Jim Cramer has been pushing the possibility of a so-called &quot;Santa Claus rally&quot; across the stock market. But could this holiday-related\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could Bitcoin Benefit From A Santa Claus Rally?\" \/>\n<meta property=\"og:description\" content=\"CNBC personality Jim Cramer has been pushing the possibility of a so-called &quot;Santa Claus rally&quot; across the stock market. But could this holiday-related\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-21T22:03:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:10:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"837\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Could Bitcoin Benefit From A Santa Claus Rally?\",\"datePublished\":\"2021-12-21T22:03:58+00:00\",\"dateModified\":\"2024-06-11T14:10:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\"},\"wordCount\":670,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"Christmas\",\"crypto\",\"santa claus rally\",\"xbt\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\",\"url\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\",\"name\":\"Could Bitcoin Benefit From A Santa Claus Rally?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\",\"datePublished\":\"2021-12-21T22:03:58+00:00\",\"dateModified\":\"2024-06-11T14:10:02+00:00\",\"description\":\"CNBC personality Jim Cramer has been pushing the possibility of a so-called \\\"Santa Claus rally\\\" across the stock market. But could this holiday-related\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\",\"width\":1254,\"height\":837,\"caption\":\"bitcoin santa claus rally Christmas\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Could Bitcoin Benefit From A Santa Claus Rally?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Could Bitcoin Benefit From A Santa Claus Rally?","description":"CNBC personality Jim Cramer has been pushing the possibility of a so-called \"Santa Claus rally\" across the stock market. But could this holiday-related","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","og_locale":"en_US","og_type":"article","og_title":"Could Bitcoin Benefit From A Santa Claus Rally?","og_description":"CNBC personality Jim Cramer has been pushing the possibility of a so-called \"Santa Claus rally\" across the stock market. But could this holiday-related","og_url":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-12-21T22:03:58+00:00","article_modified_time":"2024-06-11T14:10:02+00:00","og_image":[{"width":1254,"height":837,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Could Bitcoin Benefit From A Santa Claus Rally?","datePublished":"2021-12-21T22:03:58+00:00","dateModified":"2024-06-11T14:10:02+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/"},"wordCount":670,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","keywords":["bitcoin","btc","btcusd","BTCUSDT","Christmas","crypto","santa claus rally","xbt"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","url":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","name":"Could Bitcoin Benefit From A Santa Claus Rally?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","datePublished":"2021-12-21T22:03:58+00:00","dateModified":"2024-06-11T14:10:02+00:00","description":"CNBC personality Jim Cramer has been pushing the possibility of a so-called \"Santa Claus rally\" across the stock market. But could this holiday-related","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","width":1254,"height":837,"caption":"bitcoin santa claus rally Christmas"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Could Bitcoin Benefit From A Santa Claus Rally?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Could Bitcoin Benefit From A Santa Claus Rally?","url":"http:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/could-bitcoin-benefit-from-a-santa-claus-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","christmas","crypto","santa claus rally","xbt"],"dateCreated":"2021-12-21T22:03:58Z","datePublished":"2021-12-21T22:03:58Z","dateModified":"2024-06-11T14:10:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Could Bitcoin Benefit From A Santa Claus Rally?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/could-bitcoin-benefit-from-a-santa-claus-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/could-bitcoin-benefit-from-a-santa-claus-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"christmas\",\"crypto\",\"santa claus rally\",\"xbt\"],\"dateCreated\":\"2021-12-21T22:03:58Z\",\"datePublished\":\"2021-12-21T22:03:58Z\",\"dateModified\":\"2024-06-11T14:10:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/12\/bitcoin-santa-claus-rally-christmas-iStock-1354266017.jpeg?fit=1254%2C837","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/479488"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=479488"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/479488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/479493"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=479488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=479488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=479488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}