Historical Data Tells Why Bitcoin Might Record a Parabolic Run in Q1 2026 ⋆ ZyCrypto

Historical performance patterns are shaping expectations of a strong first quarter for Bitcoin, especially following a muted year that preceded it.

Data shows that Q1 has treated Bitcoin well, even in extreme bear market conditions. Since the negative first quarter of 2018, subsequent Q1 periods have delivered relatively resilient returns, even in the notoriously bearish 2022.

After more than a month of sideways movement, price action has settled into a clearly defined channel that resembles an accumulation range rather than a continuation of a broader downtrend.

The persistence of this range strengthens the probability that a local bottom has already formed. Market observers note that a decisive break above the $94,500 level could quickly unlock momentum, putting the psychologically critical $100,000 mark back firmly in focus.

For further context, Bitcoin’s recent technical behavior is drawing comparisons to gold’s 2018 cycle.

Gold at that time spent months bleeding lower within a falling wedge before breaking out, briefly retesting support, and then entering a powerful price discovery phase.

Bitcoin has now exited a similar wedge formation, suggesting a comparable sequence may unfold. A shallow pullback followed by renewed upside would fit neatly into this historical analogue, and potentially accelerate sentiment as the year progresses.

However, near-term flows are mixed. Recent data shows U.S. spot Bitcoin ETFs experienced net outflows late in December, with products from BlackRock, Fidelity, Grayscale, Ark, and 21Shares recording redemptions.

On December 26 alone, IBIT, FBTC, and GBTC collectively saw outflows exceeding $589 million, followed by another round of redemptions on December 31, led again by IBIT. Additional funds, including BITB, HODL, BTCO, and EZBC, also posted weekly outflows.

Despite this, the overall narrative is intact. Bitcoin’s longer-term trajectory balances institutional demand through reserves and ETFs with ongoing technical evolution, including Layer 2 development and preparations for post-quantum security.

If historical Q1 tendencies align with improving structure and macro liquidity, the conditions for a parabolic move may already be forming.