Bitcoin Turns Green After 5 Months, Key Zones to Watch

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Bitcoin ended its longest monthly losing streak since 2018 with a green March candle, sparking hopes of a powerful rebound similar to past cycles.

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Bitcoin ended March 2% higher, marking the first green monthly close in six months.

A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains
Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.


STO/USDT which crossed All the Profit Targets for an humongous gain of 255%

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