#BtcNewHolder
$BTC has often seen increases during the first months of the year, a phenomenon sometimes called the “January effect”. That said, it is not systematic and depends on several factors:
🐂 Crypto market trend: A bull market often boosts BTC in January, while a bear market can keep it stable or down.
🆕 New investors: Start of the year = influx of fresh capital, increasing demand.
🏦 Macroeconomic factors: Inflation, interest rates and central bank policies influence the status of Bitcoin.
🔁 Seasonality & cycles: Historically, January is favorable after a halving.
Recent examples:
2021: Start at $29k, peak at $40k in January.
2023: From $16.5k to $23k, one of the biggest monthly jumps.