When we see Bitcoin closing five months in a row down — from October to February — it's natural to start wondering if something bigger is forming. Now we are close to the close of March, and the price is around 66,000 dollars, and the monthly performance is still negative.
If March closes red, we're talking about six consecutive months of decline… and that's very rare, having happened only once in Bitcoin's history, between 2018 and 2019.
What makes this situation really interesting is that the last time this happened, the price was around 3,400 dollars, and then we saw a very strong rise that reached almost 300% in just five months.
Can history repeat itself? Nothing is guaranteed, but it's clear that we are entering a sensitive phase, and what happens afterward is likely to be unusual.
#BitcoinPrices #BTC #marouan47 #CLARITYActHitAnotherRoadblock
BTC
67,561.28
+1.34%