Friday, March 29

Bitcoin Price Down 20% YTD in 2022 After Worst January Since 2018 By Cointelegraph


©Reuters. Bitcoin price down 20% so far in 2022 after worst January since 2018

() is headed for its worst January performance in four years. Couldn’t it be all that it seems?

Data from on-chain analytics resource Coinglass shows that January 2022 is the least profitable since the peak of Bitcoin’s last halving cycle. Investors, however, are still waiting for an “explosive top”.

Will Bitcoin see a rare “red” February? Against virtually all expectations, BTC price action has continued to underperform this month.

Read the full article on Cointelegraph

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