🚨 Alert: Bitcoin is on track to close its 6th consecutive month in the red.
This has only happened once before in its entire history. The last time was between August 2018 and January 2019, when $BTC dropped roughly 60% over that six-month stretch.
This current move is already about a 47% drawdown from the peak, putting it in rare territory.
We’re now seeing Bitcoin set new records this time on the downside.