January Could Become Bitcoin's Second-Best Month in the Last 10 Months

As it stands, January is tied arsenic the second-best performing period for bitcoin (BTC) successful the past 10 months, surpassed lone by November 2024, which saw a 37% surge successful terms aft President Trump's triumph successful the U.S. election.

It shares second-place with May 2024, some signaling an 11% gain, according to Coinglass data.

On average, January sees astir a 4% summation and has been historically 1 of the champion performing months successful past years, with 5 of the past six January's registering a greenish month.

This January has been eventful with President Donald Trump taking bureau and pushing retired galore pro-crypto policies.

Looking ahead, February has historically been the 3rd champion performing period for bitcoin, registering an mean of 16%. Only 2 times successful February has it seen a reddish month: 2014 and 2020, Coinglass information shows.

Even looking somewhat further ahead, March is besides a seasonally bullish period for bitcoin, up implicit 13% connected average. As a result, Q1 is historically the second-best 4th for bitcoin, up 53%, conscionable down Q4's 85% gain, according to Coinglass.