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Bitcoin monthly returns
Bitcoin monthly returns are the percent change from one month's last daily close to the next, and since 2013 July closed up most often (11 of 14 years) while August closed up least (5 of 14). Bitcoin trades at $74,317 on CoinGecko at this check. The grid is history, not a forecast and not advice.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.9% | -21.7% | +1.3% | +13.6% | -2.7% | -18.5% | +7.6% | +20.0% | +7.6% | -7.7% | -1.9% | . |
| 2025 | +13.1% | -19.2% | -2.7% | +14.5% | +10.3% | +4.2% | +8.7% | -7.7% | +5.2% | -5.3% | -16.1% | -2.7% |
| 2024 | +1.9% | +45.5% | +11.4% | -8.4% | +7.1% | -10.9% | +8.7% | -10.7% | +11.0% | +10.2% | +34.8% | -5.0% |
| 2023 | +37.6% | +2.9% | +19.3% | +4.3% | -5.3% | +9.9% | -3.9% | -6.7% | -1.4% | +28.2% | +9.8% | +11.3% |
| 2022 | -19.5% | -0.6% | +24.8% | -18.0% | -17.8% | -36.7% | +17.7% | -16.3% | -1.0% | +5.3% | -20.3% | +1.0% |
| 2021 | +18.9% | +34.5% | +27.2% | -8.8% | -33.4% | +0.5% | +17.8% | +11.5% | -11.8% | +48.7% | -6.3% | -18.5% |
| 2020 | +31.6% | -8.3% | -26.5% | +37.0% | +10.5% | -5.3% | +21.0% | +5.3% | -7.4% | +25.1% | +34.1% | +58.6% |
| 2019 | -10.2% | +10.5% | +7.3% | +27.9% | +57.3% | +43.7% | -19.4% | -0.1% | -15.9% | +13.8% | -15.4% | -6.9% |
| 2018 | -20.1% | +5.4% | -35.5% | +37.1% | -21.4% | -15.8% | +31.3% | -14.5% | -5.6% | -4.4% | -32.1% | -9.7% |
| 2017 | -4.0% | +29.8% | -13.4% | +28.8% | +65.4% | +15.3% | +7.8% | +67.3% | -9.1% | +47.3% | +57.3% | +30.7% |
| 2016 | -12.1% | +14.7% | -4.2% | +10.2% | +15.5% | +20.8% | +2.9% | -12.0% | +4.9% | +15.4% | +4.7% | +31.2% |
| 2015 | -27.0% | +11.1% | -1.6% | -9.0% | +3.0% | +10.2% | +12.7% | -20.8% | +3.7% | +38.5% | +13.1% | +15.4% |
| 2014 | +8.6% | -27.1% | -21.3% | -2.3% | +38.7% | -3.4% | -6.1% | -11.1% | -25.4% | -7.6% | +8.8% | -17.2% |
| 2013 | +48.2% | +55.5% | +195.8% | +56.3% | -10.8% | -26.3% | +13.5% | +15.8% | +1.7% | +62.2% | +450.4% | -35.1% |
Close of each month against the close of the month before, blockchain.info daily closes. The current month runs to the last check. Download the grid: bitcoin-monthly-returns.csv.
| Month | Up years | Average | Median | Best | Worst |
|---|---|---|---|---|---|
| January | 7 of 14 | +4.4% | -1.1% | +48.2% | -27.0% |
| February | 9 of 14 | +9.5% | +8.0% | +55.5% | -27.1% |
| March | 7 of 14 | +13.0% | -0.2% | +195.8% | -35.5% |
| April | 9 of 14 | +13.1% | +11.9% | +56.3% | -18.0% |
| May | 8 of 14 | +8.3% | +5.0% | +65.4% | -33.4% |
| June | 7 of 14 | -0.9% | -1.4% | +43.7% | -36.7% |
| July | 11 of 14 | +8.6% | +8.7% | +31.3% | -19.4% |
| August | 5 of 14 | +1.4% | -7.2% | +67.3% | -20.8% |
| September | 6 of 14 | -3.1% | -1.2% | +11.0% | -25.4% |
| October | 10 of 14 | +19.3% | +14.6% | +62.2% | -7.7% |
| November | 8 of 13 | +40.2% | +8.8% | +450.4% | -32.1% |
| December | 6 of 13 | +4.1% | -2.7% | +58.6% | -35.1% |
Bitcoin Monthly Returns by Calendar Month
Bitcoin monthly returns by calendar month since 2013 run from July, up in 11 of 14 years, to August, up in 5 of 14. October has the highest median at 14.6% and closed up in 10 of 14 years; September has the lowest average at -3.1% and closed up in 6 of 14.
The table sums up each column of the grid. November and December count 13 years because the current November has not closed yet.
| Month | Years up | Average | Median | Best | Worst |
|---|---|---|---|---|---|
| January | 7 of 14 | 4.4% | -1.1% | 48.2% | -27.0% |
| February | 9 of 14 | 9.5% | 8.0% | 55.5% | -27.1% |
| March | 7 of 14 | 13.0% | -0.2% | 195.8% | -35.5% |
| April | 9 of 14 | 13.1% | 11.9% | 56.3% | -18.0% |
| May | 8 of 14 | 8.3% | 5.0% | 65.4% | -33.4% |
| June | 7 of 14 | -0.9% | -1.4% | 43.7% | -36.7% |
| July | 11 of 14 | 8.6% | 8.7% | 31.3% | -19.4% |
| August | 5 of 14 | 1.4% | -7.2% | 67.3% | -20.8% |
| September | 6 of 14 | -3.1% | -1.2% | 11.0% | -25.4% |
| October | 10 of 14 | 19.3% | 14.6% | 62.2% | -7.7% |
| November | 8 of 13 | 40.2% | 8.8% | 450.4% | -32.1% |
| December | 6 of 13 | 4.1% | -2.7% | 58.6% | -35.1% |
How Bitcoin Monthly Returns Are Calculated
Bitcoin monthly returns are calculated from the last daily close of one month to the last daily close of the next, using the Blockchain.com daily market price series.1 A month that ends higher than the month before shows green, and one that ends lower shows red. Every figure is in US dollars, with no fees or interest counted.
The current month uses the latest close, so its cell changes every day until the month ends, and it stays out of the column statistics until then. Today's headline price comes from CoinGecko. The grid offers a CSV of every cell.
Best and Worst Bitcoin Months Since 2013
The best Bitcoin month since 2013 was November 2013, up 450.4%, and the worst was June 2022, down 36.7%. Both sit in years with a cycle turn: a cycle top came in December 2013, and a cycle low came in November 2022, as the 4 year cycle chart shows.
Of the 166 finished months from January 2013 through October 2026, 93 closed higher, about 56%. A month closing higher is only a little more common than a month closing lower.
Why Average Monthly Returns Mislead
Average monthly returns mislead because one huge month can drag the average far from a typical year: November averages 40.2%, but its median is 8.8%. The median is the middle value when the years are sorted, so a single 450.4% month barely moves it.
March shows the same gap. Its average is 13.0%, lifted by a 195.8% month in 2013, while its median is -0.2%. When the average and the median disagree, the median is the better guide to what a normal year of that month looked like.
Bitcoin Returns by Year
Bitcoin returns by year, compounding the 12 monthly returns, ran from up 5,324.6% in 2013 to down 69.4% in 2018. Down years came in 2014, 2018, 2022 and 2025, and the Bitcoin rainbow chart shows where each of those years sat against the long-term fit.
| Year | Return | Months up |
|---|---|---|
| 2013 | +5,324.6% | 9 |
| 2014 | -57.7% | 3 |
| 2015 | +37.9% | 8 |
| 2016 | +123.6% | 9 |
| 2017 | +1,215.9% | 9 |
| 2018 | -69.4% | 3 |
| 2019 | +86.8% | 6 |
| 2020 | +299.2% | 8 |
| 2021 | +63.4% | 7 |
| 2022 | -64.8% | 4 |
| 2023 | +154.0% | 8 |
| 2024 | +119.5% | 8 |
| 2025 | -4.5% | 6 |
Is There Bitcoin Seasonality
Bitcoin seasonality is thin evidence: 14 years give each calendar month just 14 results, and a single year can flip a column. October closed lower two years running, with 2025 at -5.3% and 2026 at -7.7%.
Months also line up with the halving cycle, so a strong October in one cycle and a weak one in the next may say more about the cycle than the calendar. The halving countdown shows where the next cycle starts. None of this is a forecast.
Questions People Ask About Bitcoin monthly returns
These are the questions people ask next about Bitcoin monthly returns.
What is the best month for Bitcoin?
The best month for Bitcoin by median return since 2013 is October, at 14.6%, and it closed up in 10 of 14 years. July closed up most often, in 11 of 14 years. Past months say nothing certain about the next one.
What is Bitcoin's worst month?
Bitcoin's worst month by average return since 2013 is September, at -3.1%, closing up in only 6 of 14 years. August closed up least often, in 5 of 14, and the single worst month was June 2022 at -36.7%.
How often does Bitcoin have a green month?
Bitcoin has a green month about 56% of the time, which is how often a month closed above the month before: 93 of the 166 finished months since January 2013. Red months, the other 73, are almost as common.
Is October always good for Bitcoin?
October is not always good for Bitcoin: it closed lower in 4 of the 14 years since 2013, in 2014, 2018, 2025 and 2026. Its worst October was 2026 at -7.7%, and its best was 2013 at 62.2%.
Sources
Every number on this page comes from these sources, checked November 10, 2026.