Eight of the previous twelve months of February going again to 2013 have seen double-digit good points for Bitcoin, based on Coinglass. The common acquire for the second month of the yr is 15.6%.
Furthermore, solely two Februaries over the previous twelve years have been months of decline, particularly in 2014 and 2020. The asset remained flat in February 2018 and 2023, each bear market years.
February 2013 noticed the biggest acquire, with a 62% surge over the month, whereas the second-highest was in 2024, when BTC surged by 43.5%, climbing from $42,580 to $62,560.
A Bullish Bitcoin February
February 2016, 2017, and 2021 have been additionally bullish for BTC costs, with good points of 20% to 37%. Moreover, 2025 is a post-halving yr, and these have all seen constructive value motion in February.
If BTC manages to scrape simply the common efficiency from the previous twelve years subsequent month, it might attain a minimal of $118,000.
The month of March has additionally traditionally been good for Bitcoin costs, particularly lately, with good points in 5 out of six months since 2019.
Nevertheless, January has not been so productive for the biggest cryptocurrency, with a roughly even cut up between good points and losses for the month traditionally.
The asset is up round 8.5% to this point this month, at the moment buying and selling round $103,000 following a dip to $98,000 on Monday. That is increased than its January common of three.7%.
Ethereum Features in February
February has been even higher for Ethereum costs, traditionally, with a mean improve of 17% since 2017. For the previous six consecutive years, ETH has jumped in February, the biggest acquire coming in 2024 when it climbed over 46% from $2,280 to finish the month at $3,380.
March has additionally been favorable for ETH, however this January is shaping as much as be the fourth one to see a decline. Ethereum has fallen greater than 5% because the starting of the month and is at the moment buying and selling at round $3,200.
If it could match the common efficiency from the earlier Februaries, ETH costs might climb to $3,750, however this is able to nonetheless go away it inside the range-bound channel the place it has been caught for the previous six weeks.
A repeat of efficiency in February 2024 might see ETH surge to $4,700, nevertheless.
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