Lens1000
VIP Contributor
Since 2018, Bitcoin has increased between 7% and 36% in the first week of January every year.
As part of what economist and trader Alex Krüger refers to as the "First week of the year impact," several crypto market analysts are predicting a positive first week on the crypto markets in January.
In a tweet on Wednesday, Krüger noted that Bitcoin has had positive returns in the first week of January for the past four years, ranging from 7% to 36 percent between 2018 and 2021. In the first week of January 2021, BTC increased from $28,653 to $41,441.
This period of the year is the best Time to invest on bitcoin because a sudden increase in the price is in the offing.
Note: this is not a financial advice.
As part of what economist and trader Alex Krüger refers to as the "First week of the year impact," several crypto market analysts are predicting a positive first week on the crypto markets in January.
In a tweet on Wednesday, Krüger noted that Bitcoin has had positive returns in the first week of January for the past four years, ranging from 7% to 36 percent between 2018 and 2021. In the first week of January 2021, BTC increased from $28,653 to $41,441.
This period of the year is the best Time to invest on bitcoin because a sudden increase in the price is in the offing.
Note: this is not a financial advice.