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Even though the sentiment about $BTC January performance on CT was pretty negative, the last month's Bitcoin returns were in line with the average historical profits at 9.5% EOM.
What about this month then? Usually February is a very favorable month when it comes to Bitcoin returns and it's considered to be as one of the year's best months together with October and November, with the average $BTC historical monthly returns of 16.02%.
If the history repeats itself this year, we might see the orange coin trading at $119,000. What are your expectations for February?