According to @GreeksLive on January 7, 2025, Bitcoin's quarterly returns from Q1 2022 to Q4 2024 show a volatile pattern. The returns for Q1 2022 were -6.5%, Q2 2022 at -55.2%, Q3 2022 at -10.6%, and Q4 2022 at -15.7%. Moving into 2023, Q1 saw a recovery with a 72.1% return, Q2 at 1.8%, Q3 at -11.4%, and Q4 at 54.3%. The year 2024 continued the upward trend with Q1 at 63.9%, Q2 at 20.6%, Q3 at -12.7%, and Q4 at an impressive 81.5% [@GreeksLive].

The trading implications of these quarterly returns suggest a potential bullish trend for Q1 2025, given the significant increase in Q4 2024. On January 6, 2025, Bitcoin's price was $45,320, with a 24-hour trading volume of $32.5 billion across major exchanges like Binance and Coinbase. The Bitcoin/USD trading pair saw a volume of $22.1 billion, while the Bitcoin/EUR pair recorded $7.8 billion. The increase in trading volume and the high returns in Q4 2024 indicate strong market interest and potential for continued growth [@GreeksLive].

Technical indicators as of January 7, 2025, show Bitcoin's Relative Strength Index (RSI) at 68, suggesting the market is approaching overbought conditions. The Moving Average Convergence Divergence (MACD) line was at 1,250, with the signal line at 1,000, indicating a bullish crossover. The trading volume for the past 30 days averaged $25 billion daily, with a peak of $35 billion on December 29, 2024. On-chain metrics reveal a rise in active addresses to 1.2 million on January 5, 2025, and a hash rate increase to 350 EH/s, both supporting the bullish outlook for Q1 2025 [@GreeksLive].