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Your January And Q1 Data Deep Dive
Here's a deep dive into January and Q1 for Bitcoin.
Jonathan Morgan
December 30, 2024
OVERVIEW
Your January And Q1 Data Deep Dive 🤿
How has Bitcoin historically performed in January and Q1? Let’s take a look. 👀
TECHNICAL ANALYSIS
January: Bitcoin’s Rollercoaster Kickoff
If January were a person, it’d be the one who shows up to the party and makes everyone wonder if they’re going to throw confetti or start flipping tables. 🤷
It’s unpredictable, volatile, and loves making a statement.
January’s Historical Averages:
Avg Increase When Up: 26.35%
Avg Decrease When Down: -19.05%
Overall Monthly Change: 10.13%
January isn’t the star performer, but it’s memorable – for better or worse.
The Wild Rides 😱
2011: +66.67% – Back when Bitcoin’s price was small enough to round off.
2013: +51.11% – Early adopters cashed in big this year.
2020: +29.91% – The start of a new bull run.
2023: +39.83% – A recovery story worth noting.
But then there were the train wrecks:
2015: -31.33% – Ouch.
2018: -25.88% – The hangover from 2017’s bull run hit hard.
2022: -16.70% – A grim start to an already bearish year.
January vs. Other Months 🥊
Avg Increase When Up
Rank: 7th out of 12
Avg Up: 26.35%
Modest gains when the market cooperates.
Avg Decrease When Down
Rank: 10th out of 12
Avg Down: -19.05%
Rougher than most months, with heavy losses during bearish periods.
Overall Monthly Change
Rank: 7th out of 12
Overall Avg: 10.13%
Just above the halfway mark, proving January’s hit-or-miss nature.
Noteworthy Highlights 🫵
Big Gains Are Possible
With multiple years over 30% returns, January has proven it can deliver.
But Don’t Get Too Comfortable
January doesn’t shy away from double-digit losses, ranking among the more volatile months.
Recent Years? A Mixed Bag
After a brutal 2022 (-16.70%), January 2023 bounced back with a solid +39.83%. 2024? A lackluster +1.51%.
January In A Nutshell 🥜
January is Bitcoin’s wildcard. It’s not going to win any awards for consistency, but it knows how to make an impression – whether that’s a big rally or a harsh nosedive. If you’re planning to bet big, bring your risk management strategy along for the ride. 🎢