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Bitcoin (BTC) is forming what may prove to be a fifth consecutive red monthly candle, which would be the longest losing streak since 2018. The silver lining is that data suggests that March may prove to be a profitable month for BTC.
Previous multimonth downtrends were followed by 300% price gains
Historical price data from CoinGlass confirms Bitcoin is now facing its fifth consecutive red month, down 15% this month after closing the previous four months in the red.
The last time this happened was in…
https://cointelegraph.com/news/bitcoin-s-monthly-losses-break-records-but-history-says-a-turnaround-is-brewing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
