Historical Patterns Show Limited January Gains for Bitcoin
Bitcoin’s performance in the month of January has historically been lackluster, with positive returns seen only twice in the past five years, according to data from TradingView. Despite starting January on a high note by reaching a 21-month peak above $45,000, Bitcoin has often struggled to maintain positive momentum during this month. Last year, the largest cryptocurrency gained 40% in January, but the year before, it experienced a 16% loss. These figures highlight a trend of volatility and unpredictability that has become synonymous with Bitcoin’s performance in the first month of the year.
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