Analyst: A significant drop in BTC in January of the first year after the halving is a historical norm

ChainCatcher news, according to analyst Axel Bitblaze, although Bitcoin fell by 10% in January, it typically drops by 25% to 30% in January after previous halving cycles, and subsequently rises by 130% and 2400% within the same year.

Bitblaze pointed out that if Bitcoin follows the pattern of the previous cycle, the price could reach over $200,000; if it follows the downward pattern of past cycles, the price could drop below $70,000.