Analyst: It is historically normal for BTC to experience a significant drop in January of the first year after halving

ChainCatcher news, according to analyst Axel Bitblaze, despite Bitcoin falling by 10% in January, it usually falls by 25% to 30% in January after the past halving cycles and subsequently rose by 130% and 2400% within the same year.

Bitblaze pointed out that if Bitcoin rises following the pattern of the previous cycle, its price could reach over $200,000; if it follows the decline pattern of past cycles, its price could fall below $70,000.