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The Coin Rise 2025-01-13 10:45:58

Bitcoin January Dip is Part of Post-Halving Pattern: Analyst

Bitcoin’s recent dip below $94,000 has sparked discussions among analysts about the cryptocurrency’s historical patterns during post-halving years. While the 10% drop from its January 7 high of $102,300 may have rattled some investors, seasoned observers view it as part of a recurring cycle. Crypto analyst Axel Bitblaze highlighted the trend, noting on X that Bitcoin corrections in January are common after a halving event. “We all know what happened after the 2017 and 2021 dumps,” Bitblaze remarked, referencing previous years when Bitcoin experienced notable January declines, only to stage dramatic comebacks later in the cycle. In January 2021, Bitcoin tumbled over 25%, dropping from more than $40,000 to just above $30,000. By November of the same year, it had skyrocketed 130%, reaching an all-time high of $69,000. Similarly, in January 2017, Bitcoin fell 30%, declining from $1,130 to $784. That year, it surged 2,400%, hitting $20,000 by December. January Dips Crypto Rover, a prominent YouTuber and market analyst, downplayed the significance of the current dip, describing it as minor compared to previous cycles. He pointed out that Bitcoin has consistently shown downward pressure in the early weeks of January over the past year, a pattern that aligns with its historical behavior. Adding to this perspective, the Stockmoney Lizards account on X stated that Bitcoin is still far from reaching its peak in the current cycle. “Bitcoin has NOT reached the ultimate hype/pump phase,” they noted, suggesting that the cryptocurrency has significant upside potential in the months ahead. With increasing mass adoption, pro-crypto government policies , and institutional investment through Bitcoin ETFs, analysts believe the market is primed for continued growth. A Bullish Road Ahead? Looking forward, projections based on historical trends suggest a potentially explosive year for Bitcoin. A 130% rally akin to the 2021 cycle could push Bitcoin prices beyond $200,000 by the end of 2025 . However, caution remains, as a deeper pullback—similar to those seen in previous cycles—could see prices temporarily dip below $70,000. While past performance is no guarantee of future results, the consistency of Bitcoin’s post-halving January dips and subsequent recoveries offers a beacon of hope for bullish investors. The post Bitcoin January Dip is Part of Post-Halving Pattern: Analyst appeared first on TheCoinrise.com .

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