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© Reuters. BTC Proves Weak Every January; Analysts Hope for a Feb 2023 Boom
- January has typically not been Bitcoin’s ‘best month’ since 2013.
- drove the total market value to $2 trillion in 2022.
- February has historically been Bitcoin’s best ‘returning month.’
Crypto expert Daan Crypto reported in his latest tweet that January has typically not been Bitcoin’s ‘best month.’ He backed his claim with data showing that a negative return resulted in 60% of the months since 2013.
Historically, January isn’t the best month for #Bitcoin with 60% of the months since 2013 ending up with a negative return.We can also see how the percentage change on average in January is quite large. Both up and down.Will January bring some volatility back into the market? pic.twitter.com/RmFJ86DtNq
— Daan Crypto Trades (@DaanCrypto) December 28, 2022
The post BTC Proves Weak Every January; Analysts Hope for a Feb 2023 Boom appeared first on Coin Edition.
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Image and article originally from www.investing.com. Read the original article here.