Analyst: It is historically normal for BTC to experience a significant drop in January of the first year after halving

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Bitget2025/01/13 08:53

ChainCatcher news, according to analyst Axel Bitblaze, despite Bitcoin falling by 10% in January, it usually falls by 25% to 30% in January after the past halving cycles and subsequently rose by 130% and 2400% within the same year.

Bitblaze pointed out that if Bitcoin rises following the pattern of the previous cycle, its price could reach over $200,000; if it follows the decline pattern of past cycles, its price could fall below $70,000.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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