$BTC According to Odaily, Matrixport has indicated that seasonality has consistently been a reliable predictor of Bitcoin prices. While January 2024 was not particularly bullish for Bitcoin, February has proven to be a strong month for the cryptocurrency, as predicted by seasonality trends.

The early summer months of June and July are also expected to be bullish for Bitcoin. Overall, it is anticipated that new historical highs will be witnessed during the summer of 2024. Historically, Bitcoin has shown a tendency to rise by 4% in June, with the cryptocurrency experiencing an increase in six out of the past ten years during the same month.