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.

비트코인의 최신 동향 UTC 오후 4시 30분을 기준으로 비트코인 ​​가격은 지난 주 6.1% 하락한 $64,177를 기록했습니다. 첫 번째 코인은 매달 25% 이상 상승합니다. 암호화폐 분석가인 Rekt Capital은 3월 22일 X 게시물에서 비트코인이 과거 차트 패턴을 기반으로 여전히 반감기 이전 수정 영역에 있다고 썼습니다. 주황색)." 따라서 분할 전까지 26일 정도 동안 나쁜 일이 계속 발생할 수 있습니다.

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.”

비트코인 전문가이자 CMCC Crest의 관리 파트너인 Willy Woo가 3월 22일 게시한 게시물에 따르면 현물 BitcoinETF가 더 많이 매도하고 있음에도 불구하고 사람들은 하락세를 매수하고 있습니다. Woo는 다음과 같이 썼습니다. “ETF 구매자는 자신이 무엇을 하고 있는지 모릅니다. 첫 번째 하락 동안 16억 달러가 ETF를 떠났고 11억 달러가 비트코인 ​​네트워크에 유입되었습니다. 이것이 의미하는 바는 많은 자기수탁 투자자들이 낮은 가격에 매수했다는 것입니다.”