Bitcoin (BTC) price ended its five-month losing streak with a 2% gain in March 2026, despite fears of a further sell-off in the second quarter.
The flagship cryptocurrency experienced a relief rally last month, producing an inverted hammer candlestick, a formation that has historically signaled bullish sentiment during bearish market conditions. Since Bitcoin price hit its all-time high (ATH) of $126,198 in October 2025, it fell over 41% in the subsequent five consecutive months, according to crypto market data from TradingView as of April 1.
BTC/USD monthly chart. Source: TradingView
Over the past 24 hours, BTC price was up nearly 3% to trade at about $68,702 at the time of reporting. As such, Bitcoin had a market capitalization of about $1.36 trillion, with a 24-hour trading volume of approximately $43.45 billion at press time.
Bitcoin price forecast
With Bitcoin attempting a trend reversal over the past 30 days, traders have cautiously turned bullish, though concern
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