Matrixport: In the past 10 years, Bitcoin prices have shown an upward trend in February for 7 years
Matrixport released a report today stating that Bitcoin returns show a clear quarterly pattern, with the highest returns in the fourth quarter, followed by the second quarter. Although still positive, the average performance of the first and third quarters is mixed. It's worth noting that while Bitcoin's performance in January tends to be flat, only at +1%, February is a more favorable month for long positions. In seven out of the past ten years, prices have trended upwards with an average increase of +8%.
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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