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Bitcoin price down 20% so far in 2022 after worst January since 2018 -Breaking

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© Reuters.

(BTC) is heading for its worst January performance in four years — could all not be what it seems?

Coinglass, an on-chain analytics platform that collects data Shows January 2022 to be the least profitable since the peak of Bitcoin’s last halving cycle. However, investors are Still waiting for a “blow-off top.”

1-month candle chart (Bitstamp). TradingView
Screenshot of the Bitcoin Monthly Returns Chart (screenshot). Source: Coinglass