The Bitcoin price action has taken a grim tone this month as trading rolls toward what may become a fifth straight red monthly candle. According to CoinGlass, BTC is down roughly 15% this month after closing the previous four months lower, a run not seen since 2018.
Reports note that similar multimonth selloffs in the past were sometimes followed by sudden, strong rebounds, but those outcomes were not automatic. Traders are watching support near recent lows while sentiment indicators show rising caution among both retail and institutional players.
Historical Streaks And Reversals
Reports from Milk Road point to a striking example: after a long losing streak in 2018/19, the market produced large gains in the months that followed. That episode is often referenced by bulls who argue that compressed prices can set the stage for big percentage moves to the upside. Yet context matters. Market cycles are messy, and raw percentage comparisons skip over differences in liquidity, pa
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