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JAKARTA – Tokocrypto’s analyst, Fyqieh Fachrur said that the month of Ramadan could be an attractive opportunity for traders who want to stay active in the crypto market.
“With market volatility remaining high, traders can formulate a more optimal strategy, especially by understanding the historical patterns of Bitcoin during Ramadan and implementing good risk management,” said Fyqieh in a written statement.
However, Tokocrypto’s historical data shows that in the last four years during the month of Ramadan the price of Bitcoin has tended to fall, such as -5.29 percent in 2021, -16.05 percent in 2022, -1.99 percent in 2023, and -4.09 percent in 2024.
However, Fyqieh insists that history has not always been an accurate predictor for future price movements. Despite the downward trend, Bitcoin remains an attractive crypto asset for trading.
“Bitcoin price volatility during Ramadan can actually create opportunities for traders to gain profits through the right trading strategy,” he explained.
According to Fyqieh, Bitcoin price fluctuations during Ramadan are influenced by unique market dynamics. Market sentiment tends to be calmer as the focus of some market participants may shift from trading activities.
Different from the previous trend, he believes Ramadan 2025 may bring fresh air to Bitcoin. This is driven by various narratives that develop in the crypto market.
Moreover, recently US President Donald Trump signed an Executive Order to back up Bitcoin. Fyqieh predicts Trump’s decision could create a bullish Bitcoin trend during Ramadan.
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Bitcoin Price Predictions During Ramadan 2025, Is It Potentially Bullish? – VOI.ID
