Analysts from Matrixport have characterized February as a promising month for bitcoin investing. According to the data, over the past ten years, the first cryptocurrency has mostly posted average returns of around 8% in February. They note the seasonal trends that indicate that February is favorable for bitcoin investing, although they emphasize that its performance usually remains moderate.

The analysts also highlight the fourth quarter as the historically best period for bitcoin, with an average return of around 20%, and the second quarter, which is also considered a favorable time to invest with a return of around 15%.

In their view, the first and third quarters are typically characterized by mixed results for bitcoin. January, for example, is traditionally considered one of the weaker months with returns around 1%, while February has an average return of 8%.

Matrixport is a crypto platform from Singapore owned by Jihan Wu, billionaire and co-founder of Bitmain. The trading turnover of the platform is estimated at $5 billion per month.

Regarding Matrixport's predictions, there is a question based on previous events. In the past, their predictions have not always come true and some may have been deliberately distorted to manipulate the market. Jihan Wu, though no longer in charge of Bitmain, remains a figure of some doubt in the crypto community.

Instead, Wu has accepted the role of CEO at cryptocurrency mining company Bitdeer, with Linhui Kong taking the position of chief business officer.

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