How has Bitcoin performed historically in January?
Analysis of Bitcoin's data over the past ten years shows that in historical Januaries, Bitcoin generally rises more than it falls, with a rise-to-fall ratio of 4:6 over the ten years.
However, specifically speaking, the years with declines mostly had minimal drops, for example, the declines in 2015, 2016, and 2018 were all less than 1%, which can be considered flat;
In the second year post-halving, specifically 2017 and 2021, Bitcoin's return in January was positive, indicating that the halving effect is still quite strong.
January marks the start of a bull market. Although I mentioned on Monday that there needs to be a dip this week, the dip I referred to is a correction, which is a buying opportunity and does not affect the long-term bullish outlook, nor does it impact the bullish sentiment for January. Before the end of January, Bitcoin is expected to break through $120,000. I am posting this as evidence! Note dated January 8.