December Recap Report: Markets Don't Bend as 2022 Finally Coming to an End
If you were hoping that the year from hell would end in a surprise rebound for the crypto markets, it doesn't look like that will be in the cards. Barring an incredible price comeback on New Year's Eve, 2022 will be remembered as a year to forget.
With the exception of a few small gainers, price returns in December reflected the continued collapse we've seen throughout the year. Particularly among altcoins:
These kinds of returns are very reminiscent of the 2018 bear market, where we came off of a late 2017 Bitcoin all-time high of $19.8k, and dip buyers the following year paid dearly as prices plummeted. Here's a chart of the end of 2018 to jog down memory lane:
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