Bitcoin establishes highest monthly returns since October 2021
quick take
- Bitcoin (BTC) posted its highest monthly return since October 2021 and the second-highest January ever.
- BTC’s monthly return in January is currently 38.07%, and the monthly rate of return in January 2013 was 44.05%.
- As BTC price sentiment shifts to bullish, speculation about whether BTC’s bear market will last the longest is starting to fade.
- BTC closed four weekly green candlesticks four times in a row for the first time since August 2021.
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