Just looked back at some Bitcoin January performance stats, and analyst Gamza Khanzadaev's observations are pretty interesting. Apparently Bitcoin has a solid track record in the first month - averaging around 10.5% returns over the past 13 years, with mostly positive closes. Only seen five down months since 2011, and the last one was brutal in 2022 with a 16.9% drop.

What caught my attention is January 2023 was insane though - nearly 40% gain, second best January on record. And if you look at the broader trend, Bitcoin actually had an impressive run from September onwards. October alone was up 28.5%, and that whole quarter hit 57.7% returns. That's the kind of momentum you don't see every day.

According to data from CryptoRank, Gamza Khanzadaev was tracking whether Bitcoin could string together consecutive positive months. Historically it's definitely possible - the pattern shows more wins than losses when January rolls around. Interesting to see how these seasonal patterns play out, though obviously past performance doesn't guarantee anything.