TradingView data shows that if the price of Bitcoin stays above February’s close of $61,130, the chart could show its seventh straight monthly green candle at the end of March. It would be the first time that Bitcoin’s price went up for seven months in a row. As of March 2021, Bitcoin had gone up 445% from $10,781 to $58,783. That was the last time the Bitcoin chart showed six monthly green candles. After the sixth monthly close in the green, the price of Bitcoin dropped 40% over the next three months, from $58,790 to $35,037.

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.td-social-but-text:before{display:none}.td-post-sharing-style7 .td-social-mail .td-social-but-icon:before,.td-post-sharing-style7 .td-social-digg .td-social-but-icon:before,.td-post-sharing-style7 .td-social-copy_url .td-social-but-icon:before{background-color:rgba(255,255,255,0.2)}.td-post-sharing-style7 .td-social-print .td-social-but-icon:before{background-color:rgba(255,255,255,0.1)}@media (max-width:767px){.td-post-sharing-style1 .td-social-share-text .td-social-but-text,.td-post-sharing-style3 .td-social-share-text .td-social-but-text,.td-post-sharing-style5 .td-social-share-text .td-social-but-text,.td-post-sharing-style14 .td-social-share-text .td-social-but-text,.td-post-sharing-style16 .td-social-share-text .td-social-but-text{display:none!important}}@media (max-width:767px){.td-post-sharing-style2 .td-social-share-text,.td-post-sharing-style4 .td-social-share-text,.td-post-sharing-style6 .td-social-share-text,.td-post-sharing-style7 .td-social-share-text,.td-post-sharing-style15 .td-social-share-text,.td-post-sharing-style17 .td-social-share-text,.td-post-sharing-style18 .td-social-share-text,.td-post-sharing-style19 .td-social-share-text,.td-post-sharing-style20 .td-social-share-text{display:none!important}}FacebookTwitterPinterestWhatsAppTradingView data shows that if the price of Bitcoin stays above February’s close of $61,130, the chart could show its seventh straight monthly green candle at the end of March. It would be the first time that Bitcoin’s price went up for seven months in a row. As of March 2021, Bitcoin had gone up 445% from $10,781 to $58,783. That was the last time the Bitcoin chart showed six monthly green candles. After the sixth monthly close in the green, the price of Bitcoin dropped 40% over the next three months, from $58,790 to $35,037.

Bitcoin’s Latest Trends

As of 4:30 pm UTC, the price of Bitcoin had dropped 6.1% in the past week, to $64,177. The first coin is up more than 25% month-to-month. Crypto analyst Rekt Capital wrote in a March 22 X post that Bitcoin is still in the pre-halving correction zone based on past chart patterns: “Bitcoin is still firmly in the “Danger Zone,” which is where historical Pre-Halving Retraces happen (orange).” So, anything bad could still happen in the 26 days or so until the split.

Die neuesten Trends von Bitcoin: Stand 16:30 Uhr UTC war der Preis von Bitcoin in der vergangenen Woche um 6,1 % auf 64.177 $ gefallen. Der erste Coin ist von Monat zu Monat um mehr als 25 % gestiegen. Der Krypto-Analyst Rekt Capital schrieb in einem Beitrag vom 22. orange)." Es kann also in den rund 26 Tagen bis zur Trennung noch etwas Schlimmes passieren.

People are buying the dip, even though spot BitcoinETFs are selling off more, according to a post on March 22 by Willy Woo, a Bitcoin expert and managing partner at CMCC Crest. Woo wrote: “ETF buyers don’t know what they’re doing. During the first dip, $1.6 billion left ETFs, while $1.1 billion came into the Bitcoin network. What this means is that a lot of self-custody investors bought low.”

Laut einem Beitrag vom 22. März von Willy Woo, einem Bitcoin-Experten und geschäftsführenden Gesellschafter bei CMCC Crest, kaufen die Leute bei Kursrückgängen, obwohl Spot-BitcoinETFs stärker ausverkauft sind. Woo schrieb: „ETF-Käufer wissen nicht, was sie tun. Während des ersten Rückgangs verließen 1,6 Milliarden US-Dollar die ETFs, während 1,1 Milliarden US-Dollar in das Bitcoin-Netzwerk flossen. Das bedeutet, dass viele Self-Custody-Investoren günstig gekauft haben.“