Bitcoin Nears Record Six Consecutive Red Monthly Closes as Price Hold at $66K
The post Bitcoin Nears Record Six Consecutive Red Monthly Closes as Price Hold at $66K appeared on BitcoinEthereumNews.com.
TLDR: Bitcoin has closed red for five straight months, from October 2024 through February 2025. A sixth red monthly close would tie the longest losing streak ever recorded in Bitcoin’s history. Analyst van de Poppe identifies $60K as the ideal long entry if Bitcoin continues sweeping lower A clear break above $71K is the key level analysts say could fully reverse Bitcoin’s bearish trend. Bitcoin is facing one of its most closely watched monthly closes in recent memory. The leading cryptocurrency has recorded red monthly closes for five straight months, from October through February. March is on course to extend that run to six months. Currently trading at $66,000, the asset remains down on the month. A sixth red monthly close would tie the longest streak in Bitcoin’s history. That record was last set between August 2018 and January 2019. Bitcoin’s Longest Losing Streak on Record Within Reach The asset closed red in October, November, December, January, and February, marking five straight losing months. Trader Jeremy, known as @Jeremybtc on X, noted the historic nature of this run. He pointed out that six consecutive red closes would match a record set between August 2018 and January 2019. March closes on Tuesday, with the price still sitting below its monthly open. Bitcoin has closed red 5 months in a row. October. November. December. January. February. March closes on Tuesday. Right now BTC is at $66k, down on the month. Six consecutive red monthly closes would match the longest streak in Bitcoin’s history. The record was set… pic.twitter.com/0gU0erkEI6 — Jeremy (@Jeremybtc) March 27, 2026 That prior streak bottomed with Bitcoin near $3,400 at its lowest point. The asset then rallied roughly 300% over the following five months. The 2018–2019 cycle remains one of the most referenced periods in the cryptocurrency’s short trading…
Filed under: News - @ March 28, 2026 11:27 pm