Bitcoin's fifth red month (-15%) echoes 2018; analysts cite 316% rebound case

Bitcoin is on track for a fifth straight red monthly candle, with this month down 15%, according to CoinGlass. Analysts note that 2018/19 saw six red months followed by over 316% gains in five months, while 2022 delivered four red quarters and a 64% annual drawdown. Others on X argue the current setup is structurally different.