Bitcoin Faces Decline in 2024, But January Recovery Looks Promising

Reported 3 days ago

As Bitcoin ends 2024 with nearly a 5% drop in December amid market struggles, historical trends suggest that January could bring a surge in value. Data indicates that Bitcoin typically sees an average increase of 3.35% in January and a significant 57% rise over the first quarters of previous years. Despite a rough finish to the year, experts believe the pattern of weak December markets leading to strong January recoveries may hold true, evidenced by MicroStrategy's continued investment in Bitcoin.

Source: YAHOO

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