Derived from The Coin Republic, Bitcoin has experienced its worst first-quarter performance since 2018, with a 6.77% decline in Q1 2025. This marks a significant downturn after a six-year streak of strong starts. Analysts are divided on whether Bitcoin is entering a prolonged bearish phase or setting up for a rebound. Historical data shows mixed trends, with notable gains in 2021 and 2024, but significant declines in 2022 and 2023. Bloomberg's Mike McGlone warns of a potential valuation reset, comparing Bitcoin's current state to historical market bubbles. As of March 2025, Bitcoin trades at $88,499.85, showing slight recovery. Predictions vary, with some analysts forecasting a rise to $110,000 or even $225,000, while others caution that Bitcoin may have peaked for the year. The market remains uncertain, with mixed sentiment and potential for further corrections.
Bitcoin Faces Worst Q1 Since 2018 with 6.77% Decline in 2025
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