BTC price foregoes Santa rally as Bitcoin volatility hits record low

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© Reuters

(BTC) failed to deliver a Santa rally for Christmas 2023 as Dec. 25 offered even more sideways BTC price action.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a tight trading range around $16,800.

Bitcoin historical volatility index 1-week candle chart. Source: TradingView
Crypto market cap 1-month candle chart. Source: TradingView
BTC/USD annotated chart. Source: Phoenix/ Twitter
BTC/USD annotated chart. Source: Bagsy/ Twitter
BTC/USD annotated chart. Source: Toni Ghinea/ Twitter