Bitcoin Records Double-Digit Gains in 8 of 12 Februaries: Will History Repeat?

Eight of the past twelve months of February going back to 2013 have seen double-digit gains for Bitcoin, according to Coinglass. The average gain for the second month of the year is 15.6%.

Moreover, only two Februaries over the past twelve years have been months of decline, namely in 2014 and 2020. The asset remained flat in February 2018 and 2023, both bear market years.