Bitcoin (BTC) and Ethereum (ETH) are entering a potentially strong period of gains in Q1 of 2025. Historical data shows that the first three months of a post-halving year are usually positive for BTC. However, BTC's price action is currently influenced by new factors, and it remains to be seen if it will retain the historical trend. BTC has significant support above $87,000 but may face panic-selling in the event of a larger drawdown. Historical patterns may not always accurately predict BTC's price moves. In the short term, BTC still trades with high levels of greed-based decisions, but there are also fears of a bigger drawdown. ETH had increased usage in 2024 based on DeFi and stablecoins, but its price remained range-bound. January has historically been positive for ETH, except for 2019 and 2022. ETH has often outperformed in Q1 and may be a catalyst for another altcoin season. However, there are concerns about longer-term performance and ongoing issues with Ethereum's network. ETH is expected to catch up to the growth of BTC in the short term, and attitudes toward ETH are bullish among both retail and professional traders.
- Content Editor ( cryptopolitan.com )
- 2025-01-09
Ethereum and Bitcoin enter a historically strong Q1 period, will markets get a boost this time?