Delphi Daily

For anyone looking to rid themselves of the hysteria taking place in markets this week, we examine BTC seasonality plus a few charts to keep you sane. For more in-depth detail and context, be sure to check out our latest Bitcoin Outlook published just last week.

Seasonality Struggles

The early months of a new year are typically the most challenging for bitcoin, especially in years following massive Q4 gains. The world’s largest crypto asset started off the new year following its 2020 playbook, extending its gains from the final months of the year prior. But gravity finally caught up to price almost right on queue as we entered into a period in which BTC historically tends to struggle.

The caveat to any seasonality analysis is we’re working with limited data points

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