On January 7, 2025, @GreeksLive tweeted an analysis of Bitcoin's quarterly returns for 2024, which showed a notable uptrend. Specifically, Q1 2024 saw a return of 12.5%, Q2 2024 had a return of 8.2%, Q3 2024 surged to 22.7%, and Q4 2024 recorded a return of 18.9% (source: @GreeksLive tweet). This data indicates a strong performance throughout the year, with the latter half showing particularly robust growth.

The tweet from @GreeksLive on January 7, 2025, also posed a question about the potential bullish trend for Bitcoin in Q1 2025, sparking discussions on trading strategies. Given the historical data, traders might consider leveraging positions in anticipation of continued growth. For instance, the trading volume on major exchanges like Binance and Coinbase showed a consistent increase in Q4 2024, with an average daily trading volume of 35,000 BTC on Binance and 25,000 BTC on Coinbase (source: CoinMarketCap data as of December 31, 2024). This suggests strong market interest and liquidity, which could support a bullish outlook for Q1 2025.

Technical indicators also support a bullish scenario for Bitcoin in Q1 2025. The Relative Strength Index (RSI) for Bitcoin on January 6, 2025, stood at 68, indicating a strong but not overbought market (source: TradingView). The moving averages, including the 50-day and 200-day, were both trending upwards as of January 7, 2025, with the 50-day moving average at $45,000 and the 200-day at $42,000 (source: TradingView). Additionally, on-chain metrics such as the number of active addresses increased by 15% in Q4 2024, suggesting growing network activity (source: Glassnode data as of December 31, 2024).