{"id":373513,"date":"2019-03-05T22:00:35","date_gmt":"2019-03-05T22:00:35","guid":{"rendered":"https:\/\/wncen.com\/?p=373513"},"modified":"2024-06-11T07:45:16","modified_gmt":"2024-06-11T07:45:16","slug":"february-was-bitcoins-first-positive-month-since-july-2018-can-march-be-better","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/february-was-bitcoins-first-positive-month-since-july-2018-can-march-be-better\/","title":{"rendered":"February Was Bitcoin’s First Positive Month Since July 2018 – Can March Be Better?"},"content":{"rendered":"

It took six months for the Bitcoin price to register a positive 30-day performance.<\/p>\n

The world’s leading digital asset, which continues to be in its most extended bearish cycle, corrected 10.4% to the upside in February. It marked the third time in the past 12-months that bitcoin registered a profitable month, the last being July and April, which posted 21.5% and 25.1% returns, respectively.<\/p>\n

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BTC Performance Over the Years | Source: RPTR45<\/figcaption><\/figure>\n

Twitterati RPTR45 noted that February was the lowest volatility month of bitcoin in comparison to July and April 2018. Per monthly data, BTC’s volatility rate in February 2019 was 2.70%. At the same time, July and April 2018’s volatility rates over their respective 30-day course were 3.28% and 4.53%. Also, on an annual basis, February was the lowest volatility month since April 2017 that posted positive BTC performance.<\/p>\n

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0\/ February was the first positive month for $BTC<\/a> performance since July of \u201918 snapping a 6-month losing streak (the longest on record). And only the 3rd + month in the last 12. pic.twitter.com\/73Xj6LkzmS<\/a><\/p>\n

— Rptr45 (@Rptr45) March 4, 2019<\/a><\/p><\/blockquote>\n