Can Bitcoin's 17% retracement lead to a February rally? Here's what historical data says

2026-01-21 15:20:10

Abstract generation in progress

【Crypto World】 Recently, Bitcoin experienced a decline, dropping by 17.4%. The rebound momentum still seems insufficient. However, based on historical patterns, February is often a good month for Bitcoin—average gains can reach 14.3%.

Currently, Bitcoin is repeatedly testing the $86,000-$88,000 range. Interestingly, this level is expected to form a double bottom. Once stabilized, the rebound potential could be significant. Conservatively estimated, if Bitcoin can rise about 12.2% in February, it could reach around $99,500; if it replicates the 2023 rally, it might hit $109,500.

Of course, historical patterns are just a reference. The key factors are whether this support level can hold and the overall market capital flow. In any case, February’s performance is worth paying close attention to.

BTC1,07%

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BlockchainArchaeologist

· 10h ago

What’s with the 17% drop? Was February’s historical data this crazy? It feels a bit exaggerated, but I’m still tempted to hit 99,500...

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ETHmaxi_NoFilter

· 10h ago

Once again with this "historical pattern" explanation... The double bottom stabilization and rebound potential are quite promising. I've heard it too many times; can we skip it?

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DegenDreamer

· 11h ago

February's curse or hope for a rebound? Historical data is mostly hype...

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