The "Santa Rally" did not happen this year, as gains in the US markets at the end of December were not enough to make up for earlier losses. However, Bitcoin bulls are making a comeback, with the cryptocurrency's price rising after weeks of volatility. Analysts have made bold predictions for Bitcoin, with some expecting it to reach $150,000 by Q2 2025 and others predicting a price of $200,000 by the end of the year. The January Effect, where small-cap stocks tend to outperform in January, is expected to impact both stocks and crypto, although gains in January have slowed in recent years. Theories behind the January Effect include tax-loss harvesting and new year's resolutions to reorganize portfolios. Additionally, the inauguration of Donald Trump could impact the markets, with pro-crypto policies potentially leading to market explosions, while any delays or inaction could result in a correction.



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