2026-03-29 11:08:32

🔴 Bitcoin's rare "6 consecutive bearish months" is about to take shape!

Currently, Bitcoin has closed in the red for 5 consecutive months. If March also closes in the red, it will be the second time since late 2018 that such an extreme consecutive downtrend occurs.
The last time (August 2018 to January 2019), after 6 consecutive months of decline, the price surged by 300% over the next 5 months! Jumping from $3,400 directly to $11,000.
Now, BTC is hovering around $66,800. Market sentiment has been severely compressed, similar to the panic atmosphere at the cycle bottom back then.
Of course, this cycle differs from the inflow of ETF funds and macroeconomic conditions at that time. Whether a similar big rebound can be replicated remains uncertain, but historical parallels are still worth paying close attention to.
If March truly closes in the red, $59,000 will become a critical support level to determine whether this analogy holds.
Do you think there will be another major reversal after this 6-month decline?

BTC-0.72%

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