Bitcoin bull market prelude reproduces "classic correction", on-chain data suggests a strong breakthrough in March

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CryptoCon2025/01/10 08:25

By:CryptoCon

CryptoCon, an on-chain analyst, shared the latest in-depth analysis of the Bitcoin bull market cycle, pointing out that historical data reveals a noteworthy pattern: each bull market year of Bitcoin begins with a short-term adjustment in the new year, followed by a rapid entry into a strong upward channel.

Specifically, 2013, 2017, and 2021 all experienced similar fluctuations at the beginning of the year - a wave of rise followed by a pullback in the first week of the new year, but this adjustment is often short-lived and ends within a month, with March becoming the outbreak point of the rise. The current cycle in 2025 presents a similar trend again: Bitcoin broke through an important level in early January, but recently experienced a downward consolidation.

CryptoCon predicts that this round of correction is still a normal phenomenon in historical patterns, with limited adjustment range. The market is expected to usher in a strong rebound that will continue until March. On-chain data also indicates that as the market gradually regains confidence, the main upward trend of the Bitcoin bull market may be brewing. For investors, short-term fluctuations may be an opportunity for long-term layout.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.