Analysis: Bitcoin may face its first four consecutive months of decline since 2018

BTC2,29%

Odaily Planet Daily News: Bitcoin may experience its fourth consecutive month of decline, a situation that has not occurred since the record six-month decline from 2018 to 2019. Although January still has a full trading week remaining, Bitcoin has slightly decreased this month, hovering around $87,000. Bitcoin previously recorded monthly closing declines in October, November, and December, with a significant pullback from October’s all-time high, during which Bitcoin dropped approximately 36% from its peak to trough. Even during the 2022 bear market, when Bitcoin’s price fell from $69,000 to $15,000, there was no more than three consecutive months of decline. However, despite the weakness in spot prices, the derivatives market shows some optimism. Deribit data indicates that the open interest for call options with a strike price of $100,000 is the highest, nearing $900 million, suggesting that a considerable number of traders are betting on a price rebound to six figures.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Iran Conflict Poses Limited Risk to Bitcoin Hashrate, Despite $7.8 Billion Crypto Sanctions Workaround

Industry analysts and mining operators say the escalating U.S.-Israel conflict with Iran is unlikely to materially disrupt the global Bitcoin network, countering social media speculation about potential hashrate collapse and large-scale BTC sell-offs.

CryptopulseElite47m ago

CEXt-Linked Whale Opens 20x Leveraged Long Position on 400 BTC Worth $27.3M

Gate News bot message, a whale associated with #CEXt, currently holding a 120,000 $ETH ($241M) long position, has opened another 20x leveraged long position on 400 $BTC valued at $27.3M. According to Lookonchain's earlier report on February 25, 2026, ETH returned above $2,000, and this #CEXt-linked

GateNews1h ago

Tennessee Bitcoin Reserve Bill has been submitted to the Finance, Fundraising, and Means Committee for review

PANews March 3 News, according to Cointelegraph, the "Strategic Bitcoin Reserve Act" in Tennessee has been recommended for approval and has been submitted to the Finance, Fundraising, and Means Committee for review. If the bill is passed, it will allow the state treasurer to allocate up to 10% of public funds to Bitcoin.

GateNews1h ago

Bitunix Analyst: Hormuz Risk Escalation, Oil-Gold Chain Activation, BTC Upside Short Liquidity Accumulation

Dubai Gold Air Transport Hub flights suspended, Iran closes the Strait of Hormuz, leading to a sharp rise in oil prices and increased inflation expectations. Institutions favor gold, but rising oil prices may suppress gold prices. In the crypto market, BTC fluctuates between 69,500 and 70,500, with market focus on short squeeze and liquidity changes. Overall, macro volatility has increased, and BTC remains within the range, trading sideways.

GateNews1h ago

Data: 220 BTC transferred from an anonymous address, routed through intermediaries, and sent to another anonymous address

ChainCatcher reports that, according to Arkham data, at 11:02, 220 BTC (worth approximately $15.06 million) was transferred from an anonymous address (starting with 1HQciJ...) to another anonymous address (starting with bc1qk0ukg...).

GateNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)