Bitcoin Records Second Consecutive Six-Month Drop, Previously Soared 208% After First Six-Month Drop

BlockBeats News, March 29th, according to Coinglass data, Bitcoin's return rate in March is currently -0.76%, potentially marking the 6th consecutive monthly decline.

Historically, Bitcoin has only experienced a similar situation once: from August 2018 to January 2019, with a cumulative 6-month decline of about 54.8%. Subsequently, Bitcoin saw 5 consecutive months of increase (February 2019 to June 2019), with a total increase of up to 208%.