What to know:
- Bitcoin is on the verge of pulling off another double-digit gain, which would catapult it into the ranks of the second-best month in the last ten. Quite the overachiever, isn’t it?
- Historically, February and March are like the dynamic duo of bullish months for Bitcoin, with Q1 strutting around as the second-best performing quarter. Who knew crypto could be so dramatic?
As it stands, January is currently tied for the silver medal in the Bitcoin Olympics, sharing the podium with May 2024, both boasting an impressive 11% gain. The only month to outshine them is November 2024, which saw a staggering 37% surge after President Trump’s victory. Talk about a political power-up!
On average, January tends to be a bit of a show-off, usually racking up around a 4% gain. Historically, it has been one of the best-performing months, with five out of the last six Januarys donning their green jackets. A veritable winter wonderland of profits!
This January has been particularly eventful, with President Donald Trump taking office and rolling out a veritable buffet of pro-crypto policies. One can only imagine the crypto enthusiasts throwing confetti in celebration!
Looking ahead, February has a reputation for being the third-best month for Bitcoin, averaging a delightful 16% gain. It’s only had a couple of off days in 2014 and 2020, but who hasn’t had a bad hair day or two?
And if you dare to peek even further into the crystal ball, March is also known to be a bullish month, typically up over 13% on average. As a result, Q1 is historically the second-best quarter for Bitcoin, boasting a 53% gain, just shy of Q4’s impressive 85%. It’s like a race where everyone wins, but some just win a little more!
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2025-01-31 14:05