#Bitcoin dropped 15% in February and closed its 5th consecutive red monthly candle only the second time in history. The first time we saw this was in 2018–2019. After 6 consecutive red candles, Bitcoin printed 5 straight green months and pumped 308% from $3,400 to $14,000. If history rhymes, $BTC could be near a bottom after five red months, and a major reversal may be closer than most expect.
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#Bitcoin dropped 15% in February and closed its 5th consecutive red monthly candle only the second time in history.
The first time we saw this was in 2018–2019.
After 6 consecutive red candles, Bitcoin printed 5 straight green months and pumped 308% from $3,400 to $14,000.
If history rhymes, $BTC could be near a bottom after five red months, and a major reversal may be closer than most expect.