Fast Take
- Bitcoin (BTC) established its highest month-to-month returns since October 2021 and its second-best January in historical past.
- BTC month-to-month returns for January at present stand at 38.07% as of press time — an increase solely exceeded in January 2013 at a month-to-month returns charge of 44.05%.
- As BTC value sentiment shifts to bullish, hypothesis as as to if we’re amid the longest BTC bear market is beginning to fade.
- BTC closed 4 consecutive weekly inexperienced candles for the primary time since August 2021.
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