Bitcoin at the peak of bad news: Will March close in the red?

Bitcoin is writing a history of unimportant nature; The BTC/USD pair is trading above $67,000, down 47% from its all-time high of $126,000. The currency is now on the verge of confirming six consecutive monthly red closes, a streak that occurred only once during the bear market in 2018 and 2019.

The question now is not about the reality of the series, but whether the seventh month will break the record.

Bitcoin fell by 4% in October, 18% in November, and 3% in December, followed by a 10% decline in January, and a 15% decline in February, while March currently records a decline of only 1%. A close below $67,300 would indicate the sixth red candle in a row.

Get ready for a crazy move in Bitcoin.

If BTC closes March in the red, this will be the 6th consecutive month in the red.

This has happened only once in the history of Bitcoin, in the year 2018.

But the crazy part is that the last time this happened, BTC pumped 317% from $3,349 to… pic.twitter.com/5N7VEVn6Lw

– Ash Crypto (@AshCrypto) March 29, 2026

However, the last time this happened, between August 2018 and January 2019, it was followed by five straight months of gains. But the state of the economy at that time was very different from the state of affairs now. Today, the price of oil exceeds $ 100 per barrel, and bets on raising interest rates are increasing, in addition to computer problems that have shaken confidence in the long-term security of Bitcoin.

And it led The emergence of exchange-traded funds (ETFs) exacerbates the problemas the on-chain data shows that the outflow of institutions continues for a much longer period of time than one year. Although the technical implementation seems to be slow, signs of depression are starting to gather, which makes this moment to be carefully reviewed.

Can BTC/USD maintain high prices?

Bitcoin is currently moving in a consolidation phase in a “bear flag” formation between the support area at $62,300 and resistance to collect between $68,000 and $72,000. Although the Relative Strength Index (RSI) is still in the neutral zone, it is moving downwards, while the ADX Index at 25 shows the trend.

There are three events on the table as we enter the month of April:

• Rising event: Bitcoin maintains the level of $ 62,300, above the $ 71,300 resistance, to regain the level of $ 79,000 which prevents the bearish formation. In this case, Standard Chartered’s goal of $150,000 by the end of the year technically remains acceptable.
• Basic events: Consolidation continues between $62,300 and $72,000, as economic uncertainty (oil, interest, geopolitics) keeps traditional buyers cautious.
• How to ride: A breach of the support levels below $62,300 could lead to a consecutive Fibonacci break at $56,800 and then $52,300, with the “Willie Wu” target of $45,000 to $49,000 being the main issue. However, the 200-week moving average at $59,268 represents the last stop before it.

to appear Blockchain data shows that almost half of the money circulating in Bitcoin is wasteda level previously associated with late phases, and associated with prolonged bear markets that cut prices below $54,000.

The 200-week move has not yet been tested in this trend, which represents a definitive point or unfinished business.

Strategic position in Bitcoin Hyper before moving

As we enter the sixth month of the decline in the confirmed downtrend, the trend for the first Bitcoin construction work is beginning to sound strong, especially for traders who believe in Bitcoin long-term control but are looking for a source of natural growth without holding money at the time of pullback the possibility of levels of $45,000-$55,000. The math behind the rise in Bitcoin’s market value seems more complicated than it was when the price was $20,000.

Project analysis Bitcoin Hyper ($HYPER) As Bitcoin’s first Layer 2 with full Solana Virtual Machine (SVM) integration, it is cost-effective and maintains the original security of the Bitcoin network. The pre-sale won the promotion more than 32 million The value of the token is here $0.0136and availability of storage (staking) and annual returns up to 36% As an added benefit.

The main point is that the trillion-dollar Bitcoin network needs programmability, low fees, and breakneck speed to compete with the decentralized financial system (DeFi) of Solana and Ethereum, which the decentralized Bitcoin Hyper Bridge is designed to achieve.

Check out the Bitcoin Hyper survey Before the sales window closes.

This article is for informational purposes only and does not constitute financial advice. Digital assets are very complex; So always do your own research before investing.

A note Bitcoin at the peak of bad news: Will March close in the red? appeared for the first time Cryptonews Arabic.

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