Bitcoin is about to close its 5th straight red month.
This has only happened once before in its entire history, back in 2018.
2018: 6 consecutive red months after the $20K ATH. Bottom came at $3,200. A -84% decline and it took 12 months.
2026: 5 consecutive red months after the $126K ATH. Currently at $66K. A -48% decline. It has been 5 months and counting.
In 2018 people called the bottom at every level on the way down. $14K. $10K. $8K. $6K but the bottom was at $3,200. In 2026 again everybody is calling the bottom at $69K. $60K.
Both the 2018 and 2022 bear markets lasted roughly 12 months from top to bottom. We are 5 months in. The pattern is clear, we are halfway through, not at the end.$ETH
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Bitcoin is about to close its 5th straight red month.
This has only happened once before in its entire history, back in 2018.
2018: 6 consecutive red months after the $20K ATH. Bottom came at $3,200. A -84% decline and it took 12 months.
2026: 5 consecutive red months after the $126K ATH. Currently at $66K. A -48% decline. It has been 5 months and counting.
In 2018 people called the bottom at every level on the way down. $14K. $10K. $8K. $6K but the bottom was at $3,200. In 2026 again everybody is calling the bottom at $69K. $60K.
Both the 2018 and 2022 bear markets lasted roughly 12 months from top to bottom. We are 5 months in. The pattern is clear, we are halfway through, not at the end.$ETH