Bitcoin (BTC) has dropped 10% so far this January, falling from a high of $102,300 on Jan. 7 to just below $92,000, before recovering slightly to around $94,000. Analysts note that significant price corrections in the first month of post-halving years are a recurring trend in Bitcoin’s (BTC) historical cycles.

Crypto analyst Axel Bitblaze highlighted this pattern to his 123,000 followers on platform X, stating, “Bitcoin dumping in January has historically been a common occurrence in post-halving years.” Previous cycles have seen even steeper corrections:

  • January 2021: Bitcoin (BTC) fell 25%, dropping from over $40,000 to just above $30,000, before rallying 130% to a new all-time high of $69,000 by November.

  • January 2017: Bitcoin (BTC) slumped 30%, declining from $1,130 to $784, before surging 2,400% to an all-time high of $20,000 in December.

YouTuber and analyst Crypto Rover observed that Bitcoin has shown a pattern of dipping in the first half of January for the past year. He noted, “This is just a small dip compared to what we’ve seen before.”

Analyst Predictions for 2025

Finance analysis platform Stockmoney Lizards predicts that Bitcoin’s (BTC) current cycle has more upside potential, citing factors such as:

  • Mass adoption and support from pro-crypto governments worldwide.

  • The introduction of Bitcoin ETFs.

They hypothesize that a 130% rally, similar to 2021, could push Bitcoin prices beyond $200,000 by the end of 2025. Conversely, a pullback on par with January slumps from previous cycles could send prices below $70,000, according to Cointelegraph.