February has been a historically good month for Bitcoin. Will the tradition repeat itself?

February has traditionally been a bullish month for Bitcoin, with Bitcoin seeing significant gains in 8 of the previous 12 Februarys.

February has been a historically good month for Bitcoin. Will the tradition repeat itself?

According to Coinglass, eight of the last twelve months of February since 2013 have seen double-digit gains for Bitcoin. The average gain for the second month of the year is 15.6%.


What’s more, over the last twelve years, only two Februarys have been down months, namely 2014 and 2020. The asset was flat in February 2018 and 2023, both bear market years.


The biggest gain was in February 2013, up 62% in a month, and the second-biggest gain was in 2024, when BTC jumped 43.5%, rising from $42,580 to $62,560.


Bitcoin Bullish February

February 2016, 2017, and 2021 have also been bullish for the BTC price, with gains ranging from 20% to 37%. Additionally, 2025 is the year after the halving, and all of these years have seen positive price action in February.


If BTC manages to reach even the average of the last twelve years next month, it could hit a low of $118,000.


March has also historically been a good month for the Bitcoin price, especially in recent years, with gains seen in five out of six months since 2019.


However, January has not been as productive for the largest cryptocurrency, with historically a roughly equal distribution of gains and losses for the month.


The asset is up about 8.5% this month, currently trading around $103,000 after falling as low as $98,000 on Monday. This is higher than the 3.7% average for January.


Ethereum's February Gains

February has been an even better month for Ethereum's price compared to last year, with an average gain of 17% since 2017. ETH has gained in February for the past six years in a row, with the biggest gain coming in 2024, when the price rose more than 46% from $2,280 to $3,380 by the end of the month.


If ETH can match the average of previous February months, it could rise to $3,750, but that would still leave it within the tight range it has been stuck in for the past six weeks.


A repeat of February 2024, however, could send ETH to $4,700.



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