Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely
Swyftx lead analyst Pav Hundal told Cointelegraph that a “vertical swing up” over the next six days before the end of the first quarter of 2025 is unlikely.
Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days.
Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin (BTC) is down 6.49% so far over the quarter, which is slated to end on March 31 — marking its worst Q1 performance since 2020, when it saw a 10.83% decline.
Swyftx lead analyst Pav Hundal told Cointelegraph that a “vertical swing up into the end of the quarter looks unlikely.”
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