2024 saw an exponential increase in Bitcoin and cryptocurrency adoption, with the most significant driver being the US SEC’s approval of spot Bitcoin ETFs in January, which led to a significant increase in institutional interest in BTC.
BTC surpassed the $100,000 mark for the first time in its history, breaking new records thanks to growing interest from financial institutions and Donald Trump’s victory in November.
While Bitcoin is moving from record to record with favorable winds, altcoins are still falling short of expectations. For now, while many investors are waiting for losses in the altcoins they bought at high prices, the big expectation for an altcoin rally in 2025 continues to be the hope of reversing the losses.
How will Bitcoin behave in the New Year?
As you know, the BTC trading adventure on exchanges began not very long ago. Even on major exchanges like Binance, Bitcoin, which began trading in 2017, doesn’t have many anniversaries to compare it to.
Although Bitcoin began trading on some exchanges in 2014, we will not take it into account in this review as we believe it will not shed much light on today due to low trading volume during those years.
2021-2022
2022-2023
2023-2024
As you can see, after the New Year anniversaries there was a general upward movement in Bitcoin.
As a result; Bitcoin tends to show upward movement on anniversaries. Of course, just because it acted this way before doesn’t mean it will happen again.
While it remains unclear how Bitcoin will greet 2025, we do understand one thing: “Bitcoin loves new years.”
*This is not investment advice.
