Bitcoin’s performance in January has been impressive, as it ties for the second-best month over the last ten months, only trailing November 2024, which saw a 37% price surge following President Trump’s election victory. Both January and May 2024 posted an 11% gain, according to Coinglass data. Historically, January has been a strong month, with five of the past six Januarys seeing gains, averaging around 4%.
This year, the month has been particularly eventful, with the inauguration of President Donald Trump, whose pro-crypto policies have spurred optimism in the market.
Looking ahead, February is often a favorable month for bitcoin, with an average gain of 16%, making it the third-best-performing month historically. It has only experienced negative returns in February twice—once in 2014 and again in 2020, based on Coinglass data.
March also tends to be bullish for bitcoin, with the cryptocurrency seeing an average increase of 13%. As a result, the first quarter of the year is traditionally one of the strongest, posting an average gain of 53%, second only to Q4’s impressive 85% growth.
