Can the Bitcoin January Effect Reappear? Industry Opinions Diverge

Source: DigitalToday Original Title: Bitcoin January Effect? “Hard to Repeat”… 21Shares Founder Issues Warning Original Link: https://www.digitaltoday.co.kr/news/articleView.html?idxno=610873

Can the sharp surge in Bitcoin recorded in January 2025 be repeated in 2026? Industry insiders have mixed views on this.

According to blockchain media reports, Ophelia Snyder, co-founder of 21Shares, stated, “The current market situation is difficult to improve in the short term,” and “Bitcoin requires broad market sentiment support to rise again.”

Snyder explained a market phenomenon: every January, investors rebalance their portfolios, leading to capital inflows into Bitcoin spot exchange-traded funds (ETFs). However, with a lack of positive investment sentiment in the current market, whether Bitcoin can strengthen again remains uncertain. In fact, after hitting a high of $109,000 on January 9 this year, Bitcoin subsequently entered a decline.

Bitcoin once climbed to $125,100 on October 5, but was then followed by a $19 billion market liquidation, turning its trend downward. Snyder believes this adjustment was more a result of risk-averse sentiment in global financial markets rather than an issue with cryptocurrencies themselves, and remains optimistic in the long term.

However, some analysts point out that if gold remains strong and overall financial market risk-aversion continues, Bitcoin’s appeal may decrease. On the contrary, BitMine Chairman Tom Lee argues that Bitcoin has a high probability of reaching a new high before the end of January 2026. According to data, since 2013, Bitcoin’s average January increase has been 3.81%.