Bitcoin's Historical Data: Monthly Performance

Source: Coinglass

Bitcoin, like many other cryptocurrencies, exhibits significant volatility. Some months see substantial gains, while others can experience significant losses. For example, in January 2023, there was an impressive increase of 39.63%, whereas February ended with almost no increase at 0.03%.

When we look at historical data, we can observe that October has generally been favorable for Bitcoin. Notable increases were recorded in October in the years 2013, 2015, 2017, 2020, and 2021. However, it seems that this trend may have weakened in 2022. Such seasonal trends are important factors that investors can consider when shaping their strategic decisions. However, it's essential to remember that cryptocurrencies are inherently volatile, and past performance does not guarantee future results.

Positive Years in October:

2021: A highly impressive performance with 39.93% increase.

2020: A positive period with a 27.7% increase.

2017: Noted as a fruitful month for Bitcoin with a 47.81% increase.

2015: A significant increase of 33.49%.

2013: Historically the biggest increase in October was 60.79%.

Negative Years in October:

2018 and 2014: In these years, negative returns of -3.83% and -12.95% were recorded in October, respectively.

Partially Neutral Years in October:

In 2022, 2019, and 2016, October provided relatively balanced returns of 5.56%, 10.17%, and 14.71%, respectively.