Here are some interesting stats on how Bitcoin performed historically in March. 📚
- Bitcoin closed March in the green four times versus eight times in the red.
- In the green months, Bitcoin showed off with an average percentage gain of +48.91%.
- On the downside, the average percentage loss during the red months was -15.62%.
This disparity between Bitcoin’s performance in March by average percentage gain/loss might suggest that when Bitcoin rallies in March, it goes all out. Conversely, when it falls, it doesn’t quite plunge into the abyss.
It’s a bit like March weather – one day, you’re basking in the early spring sun; the next, you wonder if winter ever really left. 🥶
For the eagle-eyed investor, these historical trends can be intriguing. While past performance is no guarantee of future results (as any financial advisor worth their salt will tell you), it’s food for thought.
Either way, Bitcoin in March is as unpredictable as a coin toss – which is fitting. 🪙