From the monthly chart perspective, there have been 5 consecutive down months. The largest decline in history was 6 consecutive down months, and that was back in 2015. Currently, the BTC market consensus and liquidity far surpass those of 2015. Is this bear market going to make BTC history again? I don't believe it. The BTC monthly chart for March is likely to close with a bullish candle, even if it's a doji, it still counts as bullish. After 5 consecutive down months on the monthly chart, even without a rebound, a continued downtrend is unlikely. It will probably be sideways, with ups and downs.
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$BTC #美国以色列突袭伊朗BTC短线跳水
From the monthly chart perspective, there have been 5 consecutive down months. The largest decline in history was 6 consecutive down months, and that was back in 2015. Currently, the BTC market consensus and liquidity far surpass those of 2015. Is this bear market going to make BTC history again? I don't believe it. The BTC monthly chart for March is likely to close with a bullish candle, even if it's a doji, it still counts as bullish. After 5 consecutive down months on the monthly chart, even without a rebound, a continued downtrend is unlikely. It will probably be sideways, with ups and downs.