Worst Q1 Since 2018 — But Does It Matter for Bitcoin?

If performance holds, Bitcoin is heading for its weakest Q1 since 2018. Sounds scary — but Q1 has historically been one of the most volatile quarters, with sharp moves both ways.
Three months rarely define the full cycle.
The real question isn’t whether Q1 is red or green.
It’s what the structure is saying right now.
Is the higher-timeframe trend intact?
Is momentum expanding or compressing?
Is liquidity building for expansion — or breakdown?
Over the past 1–2 years, Bitcoin has rotated through impulse → pullback → consolidation cycles — not one clean macro trend.
Seasonality creates headlines.
Structure creates trends.
If structure turns bullish, Q1 weakness is noise.
If it breaks down, Q1 was the warning.
In Bitcoin, structure always wins.