in the past week: the S&P 500 index made a new ATH the Dow Jones index made a new ATH Gold made a new ATH Silver made a new ATH meanwhile, crypto remains muted, and $BTC is sitting 30% below ATH from two months ago the delay of the crypto rally is not denial it is only a matter of time before crypto plays catch-up and outperforms all of the above!

Bitcoin technical picture's been grinding lower, but honestly the persistent negative funding rates kept me in a bullish mindset through all that messy structure. Yeah, the charts looked rough—bear flags, higher lows stacking up, no real divergences to lean on. Not exactly inspiring stuff. But here's the thing: something shifted recently. The character of this move has changed noticeably. When you dig into the actual funding dynamics and how positioning's evolved, the narrative's starting to feel different than a few days back. Market structure doesn't lie, and right now it's whispering something worth listening to.

Bitcoin's Christmas Eve Journey: 13 Years of Price Snapshots Tracking BTC on the eve of Christmas tells an interesting story about market evolution. From $13 in 2012, bitcoin climbed to $651 the following year, showing early adoption momentum. The volatility was real though—2014 saw a pullback to $323, followed by gradual recovery to $455 in 2015. The parabolic moves came later. By 2017, Christmas Eve price hit $13,926, marking the first major peak. That euphoria cooled fast—2018 dropped to $4,079. Recovery phases emerged in 2019 and 2020 ($7,323 and $23,736 respectively), but 2021 was different. The price touched $50,822 on Christmas Eve, suggesting institutional adoption was gaining serious traction. 2022 brought the bear market reality check at $16,848. Yet 2023 bounced to $43,016. What's striking is the most recent trajectory: 2024 saw $98,676, approaching the six-figure milestone, before settling at $86,914 in 2025. The pattern reveals something: each cycle bigger, each bottom higher than the last. From a $13 curiosity to five-figure territory in a dozen years—that's the bitcoin experiment in seasonal snapshots.