According to data from Matrixport, Bitcoin (BTC) has consistently delivered positive returns during the Chinese New Year (CNY) in 11 out of the past 12 years. The trend suggests that purchasing Bitcoin 10 days before CNY and holding it for 10 days after has often resulted in profits. The only year with a negative return was 2014. The strongest start in the dataset was in 2012 when Bitcoin gained 45.2% during the CNY period. The following years saw steady growth, with varying levels of returns. In 2021, Bitcoin posted its highest performance ever during CNY with a 70.9% increase. Recent years have also seen positive performance, with Bitcoin gaining 15.6% in 2022, 25.7% in 2023, and 22.8% in 2024. The reasons behind this recurring pattern remain open to interpretation, but it may be attributed to heightened trading activity and increased market liquidity during CNY. These findings suggest that historical performance during CNY can guide future investment strategies.



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