Bitcoin’s performance in February has consistently been bullish, as the digital asset has recorded double-digit gains in two-thirds of the Februaries dating back to 2013, according to data from Coinglass. The average gain for the second month of the year stands at an impressive 15.6%, making February a key month for Bitcoin investors. In fact, only two Februaries in the past 12 years have seen Bitcoin decline — in 2014 and 2020.

Historical February Performance: A Strong Track Record for Bitcoin

February has often been a profitable month for Bitcoin. One of the standout years was 2013 when Bitcoin soared by 62%, marking its largest February gain. More recently, in February 2024, Bitcoin saw a 43.5% increase, rising from $42,580 to $62,560.

Other strong Februaries include 2016, 2017, and 2021, where Bitcoin posted gains ranging from 20% to 37%. These historical performances highlight a consistent pattern of upward movement, with February proving to be a month of growth in most years.

A Promising February Ahead for Bitcoin?

Looking at 2025, the year is shaping up to be a post-halving year for Bitcoin, which could provide further optimism for its price action. Historically, post-halving years have been bullish for Bitcoin, and February could continue that trend. If Bitcoin achieves the average February performance of 15.6% over the past 12 years, its price could reach a minimum of $118,000 by the end of the month.

However, while historical data is promising, it’s important to note that past performance doesn’t guarantee future results. Nonetheless, the positive trend in February has certainly set a high bar for expectations.

Bitcoin’s January Performance

Bitcoin has seen a relatively positive start to 2025, with an 8.5% gain so far this month. At the time of writing, Bitcoin is trading around $103,000, following a dip to $98,000 earlier in the month. This performance is notably better than Bitcoin’s historical average for January, which stands at 3.7%.

While January typically sees mixed results for Bitcoin, its solid performance this year further adds to the optimism surrounding the cryptocurrency heading into February.

Ethereum: A Strong February Historically

It’s not just Bitcoin that has experienced strong Februaries. Ethereum, too, has posted impressive gains in February, with an average increase of 17% since 2017. In fact, Ethereum has seen consecutive gains every February for the past six years, the most notable being in 2024 when ETH surged by over 46%, jumping from $2,280 to $3,380.

Ethereum’s historical February gains make it a strong contender for further growth in the coming month. If Ethereum matches its average February performance, it could reach around $3,750 by the end of the month. However, if it replicates its performance from February 2024, Ethereum could soar to $4,700.

A Mixed Start for Ethereum in 2025

While Ethereum’s February outlook remains positive, the start of 2025 has been less favorable for the asset. ETH has declined by over 5% so far in January, currently trading at around $3,200. January has historically been a challenging month for Ethereum, with this year marking its fourth decline in January in recent years.

Despite the rocky start, February’s strong historical performance provides a ray of hope for Ethereum, as the asset looks to regain momentum in the coming month.

Conclusion: February Could Be a Key Month for Both Bitcoin and Ethereum

As Bitcoin and Ethereum enter February, the historical trends suggest strong potential for both assets. Bitcoin’s past performance shows a tendency for double-digit gains in February, and with 2025 being a post-halving year, the cryptocurrency could see significant price increases. Ethereum, too, has a strong track record for February gains, despite its underwhelming performance in January.

Investors are keenly watching the start of February, hoping that the favorable patterns from previous years will repeat themselves and provide another profitable month for the world’s top two cryptocurrencies.