BTC Eyes Recovery Amid Market Volatility
After a rocky start to the week, Bitcoin (BTC) has bounced back above the $100,000 mark, recovering 4% from its recent dip. Following this rebound, some analysts believe BTC could be gearing up for a strong February surge.
Volatile January, Bullish February?
The crypto market faced turbulence on Monday due to a broader sell-off triggered by DeepSeek’s Artificial Intelligence (AI) news. This led to significant declines across major altcoins, with Ethereum (ETH) dropping 8.4% and Solana (SOL) falling 15%, while Bitcoin lost 5%.
BTC slipped below $100,000 for the first time in over a week, briefly touching $98,000 before rebounding. By Tuesday, the leading cryptocurrency had climbed to $102,000 but struggled to break past $103,000, fluctuating within the $102,000–$102,990 range.
Crypto trader Daan Crypto observed that Bitcoin remains within the mid-zone of its post-election range, suggesting the $100K level is still a crucial support area. “Right back into the high-volume area within this range. Doesn’t seem like the $100K mark is left behind so easily just yet,” he commented.
According to Daan, unless Bitcoin breaks decisively below $90,000 or above $108,000, it will likely continue its choppy but stable movement. However, based on historical data, February could bring stronger price action.
Statistics show that February has historically been BTC’s second-best performing month, only behind October. Data from CloinGlass reveals that in the past 12 years, Bitcoin has recorded positive gains in February 10 times, with returns as high as 61%.
Similarly, analyst Rekt Capital highlighted that in previous post-halving years, Bitcoin saw double-digit February gains:
2013: +61%
2017: +23%
2021: +36%
The analyst further noted that 8 out of the past 12 Februarys since 2013 have yielded double-digit gains.
Bitcoin’s Next Surge Just Weeks Away?
Rekt Capital also believes Bitcoin is preparing for its next major upward move. The analyst explained that BTC has completed its first post-halving price discovery uptrend and its subsequent correction, signaling the beginning of another rally.
Based on historical patterns, BTC is likely to embark on its second price discovery uptrend within the next two weeks. This aligns with Bitcoin’s parabolic phase, where past cycles saw new highs forming in the 16th week. Currently, Bitcoin is entering its 14th week of this cycle.
2017 Cycle: BTC rebounded from its first price discovery correction in Week 14 and hit new highs by Week 16.
2021 Cycle: BTC bottomed out in Week 14 and reached fresh highs in Week16.