Will the "red envelope rally" of Bitcoin during the Lunar New Year repeat itself this year?

Bitcoin has historically risen during the Chinese New Year for ten consecutive years from 2015 to 2024, but experienced its first decline of 4.8% in 2025, and as the 2026 Lunar New Year approaches, the market is watching to see if the uptrend resumes or the downtrend continues.

Summary

Looking back at the past Spring Festival market trends, Bitcoin has almost always risen during the Spring Festival – from 2015 to 2024, it recorded positive returns for 10 consecutive years, with increases ranging from 0.8% to 19.5%.

The only exception occurred in 2025: during the Chinese New Year period, Bitcoin fell from $74,800 to $71,200, a drop of -4.8%, breaking the decade-long upward trend for the first time.

We are now entering the 2026 Chinese New Year trading window, with the current Bitcoin price around $67,000.

Will this year continue the trend of "prices rising every Spring Festival for ten years"?

Or will it replicate the downward trend of 2025?

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Author: PA图说

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