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Bitcoin is forecast to rise to $ 118,000 in February

12:19 pm, January 29, 2025

Crypto industry analysts note that the crypto market has historically shown an interesting trend — February is a particularly good month for Bitcoin BTC $101,636.30 Bitcoin -0.57% Market capitalization $2.01 trillion VOL. 24 hours $1.85 billion . According to the Coinglass analytical platform, over the past twelve years, the most popular cryptocurrency has shown double-digit growth in eight cases, with an average gain of 15.6%.

The record year was 2013, when Bitcoin grew by 62%. The second place was taken in 2024, when the cryptocurrency rose by 43.5%, rising from $ 42,580 to $ 62,560. Significant gains were also observed in 2016, 2017, and 2021, when growth ranged from 20% to 37%.

Analysts are particularly optimistic about the fact that 2025 is a post-halving period, which traditionally has a positive impact on the dynamics of the flagship cryptocurrency in February. If the average historical dynamics is repeated, the price of BTC could reach $ 118,000.

March is also traditionally a favorable month for Bitcoin: since 2019, the cryptocurrency has shown growth in five out of six cases. January, on the other hand, shows less stable results. In the current year 2025, Bitcoin grew by about 8.5% in January, reaching a level of about $ 103,000 after a short-term drop to $ 98,000.

Ethereum ETH $3,100.07 Bridged Ether (StarkGate) -2.35% Market capitalization $0.28 billion VOL. 24 hours $1.08 billion also showed consistently strong performance in February — since 2017, the average growth has been 17%. Last year, the price of ETH grew by 46%, rising from $ 2,280 to $ 3,380. If this trend continues, the price of Ethereum could reach $ 3,750, and if the 2024 scenario is repeated, it could even reach $ 4,700.

However, analysts warn that although historical data provide the basis for optimistic forecasts for the cryptocurrency market in February 2025, past results do not guarantee the recurrence of such scenarios in the future.

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BTC

$101,636.30

-0.57%

ETH

$3,100.07

-2.35%

BNB

$661.23

-1.19%

XRP

$3.00

-5.07%

SOL

$224.40

-3.18%

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