Bitcoin’s Q2 Performance: A Historical Analysis of Returns and Trends Over the Last 12 Years

As reported by COINOTAG on April 1st, historical data from Coinglass reveals that Bitcoin tends to excel in the second quarter, presenting an impressive average return of 24.86% over the past decade. The median quarterly return stands at 7.19%. Yet, a closer look at the previous five years shows inconsistent performance: in Q2 2020, Bitcoin soared by 42.33%, only to see significant declines in Q2 2021 and Q2 2022, recording losses of 40.36% and 56.2%, respectively. Q2 2023 saw a modest uptick of 7.19%, while projections for Q2 2024 indicate a potential downturn of 11.92%.

In April, Bitcoin has experienced a balanced trajectory over the last 12 years, with equal rises and falls—5 of each. The average return for this month is 12.03%, alongside a median return of 2.81%. Over recent years, however, the performance has been less favorable: April 2020 witnessed growth of 34.26%, contrasted sharply by a decline of 1.98% in April 2021. The downward trends continued, with declines of 17.3% in April 2022, a modest rise of 2.81% in April 2023, followed by another dip projected at 14.76% for April 2024.