Bitcoin monthly chart

[rdluffy]

I really enjoy following this chart and it often gives us clues as to what the next month will be like, or if the pattern is repeating itself
Here's how it looks with the year 2024 complete. Bitcoin almost finish December in the green


Source: Coinglass > https://www.coinglass.com/today

What do you think? Do you follow this chart?

[bayu7adi]

In February the average movement was +15% ... isn't it a coincidence, where at the end of January 2025, the position of president of the United States will be held by Trump officially ... we can see that lately Trump has support for cryptocurrency which has the potential to boost the community to get more profit ...

The best case scenario for early 2025 is, when Trump is inaugurated, he starts implementing some policies that make the cryptocurrency world shine brighter ... and that possibility continues until February ... let's see in the near future.

[hugeblack]

The strangest thing is the reaction of December, which is usually very bullish and perhaps one of the few times we see a December close in red. Otherwise, we may not see many gains in January and February to see the real turnaround starting from March

[rdluffy]

In February the average movement was +15% ... isn't it a coincidence, where at the end of January 2025, the position of president of the United States will be held by Trump officially ... we can see that lately Trump has support for cryptocurrency which has the potential to boost the community to get more profit ...

The best case scenario for early 2025 is, when Trump is inaugurated, he starts implementing some policies that make the cryptocurrency world shine brighter ... and that possibility continues until February ... let's see in the near future.

Well noticed
February only ended in devaluation 2 times, in 2014 and 2020
While January ended in the red half the time, 5 years in a row

I'm looking forward to seeing the results at the beginning of 2025, especially given the news we'll get from the Trump administration.

[LogitechMouse]

I really enjoy following this chart and it often gives us clues as to what the next month will be like, or if the pattern is repeating itself
Here's how it looks with the year 2024 complete. Bitcoin almost finish December in the green
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What do you think? Do you follow this chart?

December almost ended up in a green, but instead, it ended up having a shooting star candle stick which often represents a bearish signal. Right now, we're on green still which is good to see, and I hope that the monthly candlestick last month will not translate into a trend reversal and will start the year with a green candle.

TBH, I'm trying to find a pattern in the picture that you shared, but I can't find one aside from the fact that, 2021 started the first 3 months with a green candle at the end of each month, and I believe it will be the same this time. I mean many are expecting this year to be a bullish year. I also want to see the effect of Trump being inaugurated on the 20th to the price of the whole market and not only the crypto market.

[rdluffy]

December almost ended up in a green, but instead, it ended up having a shooting star candle stick which often represents a bearish signal. Right now, we're on green still which is good to see, and I hope that the monthly candlestick last month will not translate into a trend reversal and will start the year with a green candle.

TBH, I'm trying to find a pattern in the picture that you shared, but I can't find one aside from the fact that, 2021 started the first 3 months with a green candle at the end of each month, and I believe it will be the same this time. I mean many are expecting this year to be a bullish year. I also want to see the effect of Trump being inaugurated on the 20th to the price of the whole market and not only the crypto market.

Apart from this monthly chart, I'm seeing a lot of people, a lot, on the Discords I participate in, on X and on the forums, saying that they're going to take profits in April
I believe that now in January and until Trump's inauguration the market will stay like this, with a slight rise
Many project 120k for BTC in January

Everything pointed to green in December
There was little left to close in the green and follow the same pattern as 2015, 2016 and 2023

[jeraldskie11]

Based on the chart of Bitcoin, from year 2013 to year 2024, the months with the lowest negative returns are the months of February and October. It only have 2 negative returns with that range of years. If we based it on the third halving of Bitcoin, we can see that after that year which is 2021, in the month of February, the price increases +36.78%. I don't really remember if that time was the altcoin season, but probably there are good news that can trigger the price of Bitcoin to go up that high. In my opinion, there is a high possibility that the month of February will be the alt season since it's not happening yet.

[hugeblack]

Many project 120k for BTC in January

Everything pointed to green in December
There was little left to close in the green and follow the same pattern as 2015, 2016 and 2023

The optimism about January is due to Trump's rise, but I expect that the impact of Trump's election victory has already occurred, so we have to wait for Trump's decisions, which may not come until March or April, as there are many problems in the world and supporting Bitcoin will not be the first thing on Trump's list of priorities.

[pawel7777]

Despite today's dip, we're currently still (very slightly) in green for this calendar month. Funny how things can change in the span of only a few days.
Historically speaking, January is not a very impressive month in terms of returns, with an average of +3.14% and a median of only +0.62%, but I wouldn't be putting too much weight on calendar months as predictors, as they don't correlate too well with the price actions.

[hugeblack]

Historically speaking, January is not a very impressive month in terms of returns, with an average of +3.14% and a median of only +0.62%, but I wouldn't be putting too much weight on calendar months as predictors, as they don't correlate too well with the price actions.

I completely agree, if we do not see a correction this month then the possibility of seeing $150k levels will be very likely and therefore if this month ends positively then it will be good news on the ATH level and the bottom which will be above $60k.

[SmartGold01]

Historically speaking, January is not a very impressive month in terms of returns, with an average of +3.14% and a median of only +0.62%, but I wouldn't be putting too much weight on calendar months as predictors, as they don't correlate too well with the price actions.

I completely agree, if we do not see a correction this month then the possibility of seeing $150k levels will be very likely and therefore if this month ends positively then it will be good news on the ATH level and the bottom which will be above $60k.

There are some factors which may likely determines the marketing and historically it may not reacts same way as it regularly react. looking too well if you see the way things are going you will see that this year might be different due to Trump emerging as the winner and has given a positive moves to bitcoin and within the weeks of swearing-in we might witness serious price action, which might likely boost the price to above the level of 108k to at least 200k and before this year ends we might see 250k-300k.

[kulkhan]

I really enjoy following this chart and it often gives us clues as to what the next month will be like, or if the pattern is repeating itself
Here's how it looks with the year 2024 complete. Bitcoin almost finish December in the green


Source: Coinglass > https://www.coinglass.com/today

What do you think? Do you follow this chart?

Monthly chart showing positive signal for February 2025. Last year i mean February 2025 Bitcoin price increased 43% i think it is huge. Most of the years February Bitcoin price increased. In January Bitcoin price positive or negative in February bitcoin price positive we are seeing in the chart. From 2013 to 2024 only two times Bitcoin price were negative which was 2014 and 2020. But another every year in February bitcoin price shows positive in chart.

[hugeblack]

within the weeks of swearing-in we might witness serious price action, which might likely boost the price to above the level of 108k to at least 200k and before this year ends we might see 250k-300k.

Don't be so optimistic, Trump's impact has already happened and the impact of Trump's decisions remains. Don't forget that we were at $15,000 levels a few months ago and remained for a long time below $60,000 levels.

[rdluffy]

It's curious to see how the sentiment is changing faster and faster
Bitcoin now worth around 93.5k USD and many already talking about the bear market, and the ATH just happened, just 24 days ago hehehe

Those who have been here longer know how it works, but it is intensifying, and in the two bull runs I witnessed, volatility was high
You have to be careful not to fall into FUD and change your plans because of a temporary feeling

[SmartGold01]

within the weeks of swearing-in we might witness serious price action, which might likely boost the price to above the level of 108k to at least 200k and before this year ends we might see 250k-300k.

Don't be so optimistic, Trump's impact has already happened and the impact of Trump's decisions remains. Don't forget that we were at $15,000 levels a few months ago and remained for a long time below $60,000 levels.

We can't conclude what the results would be but I believe that the market will be positive on before that particular day, but just as you said we don't need to give ourselves higher hope towards the market as anything is possible. We could see more dip because is even this current level were the market is now is a result of Los Angeles wildfire, lot of people have been affected and properties also livestock are being evacuated. All this can affect the market and has been on a specific range since then till now.
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