Historical figures show that January is conversely often a “green” month for Bitcoin — 2021, by comparison, delivered gains of more than 21%.
The same can be said for November and December, however, making this year especially painful for bulls. Those two months in 2020 saw price increases of 43% and 47%, respectively. The last “red” January for Bitcoin, meanwhile, was in 2018, as the fervor surrounding the trip to then all-time highs of $20,000 rapidly cooled.
That halving cycle peak, coming roughly 18 months after the previous block subsidy halving event, should have played out again in late 2021. The reality was quite different, and Bitcoin’s underperformance saw time-tested price apparatus come in for criticism.next month, February still has history on its side when it comes to Bitcoin price strength.
Last year, BTC/USD gained nearly 37% in four weeks, while serious downside last occurred far back in February 2014. In 2018, by contrast, Bitcoin hardly moved.As Cointelegraph reported, the out-of-character price behavior since November has got analysts wondering whether
The year that Nekoust shows from its first month The first year of the year was very bad. I hope this misfortune does not affect investors until the end of the year.
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