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    Home»Cryptocurrency»Can March Bring a Rebound?
    Cryptocurrency

    Can March Bring a Rebound?

    Team_SimonCryptoBy Team_SimonCryptoMarch 1, 2025No Comments3 Mins Read
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    Because it usually occurs when expectations level in a single path, BTC tends to go towards the opposite.

    This transpired in February 2025 as many market observers, in addition to historic performances, hinted at substantial positive factors. That didn’t come to fruition, although.

    Worst February Since ’14

    There was loads of hype for February 2025. Maybe deservingly in order bitcoin’s worth actions since 2013 had been extremely bullish inside the second month of the yr. In truth, solely on two events – 2014 and 2020, the asset had charted losses.

    Furthermore, Februaries after a halving yr, which was the 2025 one, introduced double-digit positive factors (62% in 2013, 23% in 2017, and 37% in 2021).

    So, the stage was set for an additional rally and maybe a fresh all-time high above $110,000. In any case, BTC had charted a 9.3% achieve in January, in response to CoinGlass knowledge, and had neared the aforementioned degree however by no means managed to interrupt it.

    Nonetheless, BTC by no means truly managed to transcend January’s closing worth, which was at round $102,500. It briefly managed to problem it initially of the month, however general, it spent many of the month under $100,000. The panorama worsened within the final week of the month when it plummeted by double digits to a multi-month low of $78,000 amid Trump’s escalating commerce warfare.

    It managed to recuperate some floor by February’s closing time and ended the month at round $84,000. This nonetheless meant a considerable decline of 17.39% inside the second month of the yr, making it the worst February since 2014.

    Bitcoin Month-to-month Returns. Supply: CoinGlass

    What’s Subsequent in March?

    March has been traditionally a controversial month for BTC. After a mindblowing rally of 173% in 2013, the month delivered declines for six out of the subsequent seven, with the most recent being in March 2020, when your complete world was struck by the COVID-19 pandemic.

    Nonetheless, the development modified as soon as once more for the subsequent 4 years as BTC noticed positive factors of 29.84% in March 2021, 5.39% in 2022, 22.96% in 2023, and 16.81% final yr.

    The excellent news for March 2025 is that bitcoin doesn’t must register some massive positive factors to finish the month within the inexperienced, because it began after a extreme correction in what continues to be thought of a bull market. Nonetheless, historical past doesn’t at all times rhyme as February 2025 proved.

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