The "six consecutive declines" is about to reappear! $BTC Can Bitcoin replicate the myth of a 208% surge?
Brothers, doesn't this market make you want to curse? Hold on, let me show you a set of data so you can feel more at ease.
Bitcoin's return rate in March is -0.76%, and it is about to record a sixth consecutive month of declines. This kind of "six consecutive downward trends" has only happened once in history, from 2018 to 2019.
What was the script then? From August 2018 to January 2019, it fell a total of 54.8%. How many people gave up in despair? What happened next? In the following 5 months, Bitcoin skyrocketed by 208%, surging from the bottom to 14,000 USD!
Does the current situation look similar? The deeper the washout, the stronger the subsequent explosive power. Institutions understand historical patterns better than we do; Goldman Sachs and Bernstein are both shouting that the "bottoming signal" is appearing.
Remember, this is the time when others abandon it and you take it. Don't fall before dawn; hold steady to your chips and wait for the wind to come!
Follow Brother Lai for daily updates and in-depth analysis. Brother Lai focuses on Ethereum, Bitcoin, and altcoin contract spot ambush, sharing only practical experiences that can survive in the market!