If history repeats, $BTC may be approaching a bottom after five consecutive red months, which could set the stage for a strong reversal in the coming months.
The last time we saw six straight red monthly candles was during 2018–2019. Shortly after, Bitcoin printed five consecutive green months and surged about 308%, climbing from $3,400 to $14,000.
Now the market is watching closely to see whether history will rhyme once again. 📈
BTCUSDT
Perp
71,210.5
+2.56%