Bitcoin is having its worst start to a year since 2018
$BTC is down ~22% since January 1st
It pumped to $87,700… then got slapped back down to $68K
That's not just a dip
The last time Q1 looked this ugly was 2018, when Bitcoin fell nearly 50% before anyone stopped coping.
We're not there yet.
But the chart doesn't lie
Here's what nobody's talking about 👇
We might be about to see the first time EVER that both January AND February close in the red in the same year
Let that sink in.
So is it over?
Here's what the data actually says 👇
- Bitcoin has had brutal Q1s before.
- Every single time it has recovered.
- Q1 does not write the story, it also set the tone
the people panic-selling right now are same who sold in Q1 2019, Q1 2020, Q1 2022, and cried watching the recovery from the sidelines
Two camps exist right now on CT
🔴 "This is structural breakdown"
🟢 "This is a normal correction before continuation"
History votes green. But history also rewards patience and not hopium.
Also, weakest Q1 in 8 years doesn't mean the cycle is dead. It means the weak hands are being shaken out on schedule
Stay liquid. Stay patient. Don't let a Q define your conviction.
The worst Q1s in Bitcoin history were followed by some of its greatest runs