Looking at the charts, I see an interesting pattern — Bitcoin has been falling for five months, and it’s starting to resemble the situation in 2018. Back then, it was truly bleak. I wonder how much this correlates with the overall market condition or if it’s specific to BTC itself.



I read in chats that some analysts are talking about the worst series of losses in recent years. If the trend continues, yes, we might see something similar to the 2018 bear market. The only question is whether there will be a rebound or if the decline will persist.

Some experienced traders say that correlation usually means that BTC’s movement will be synchronized with macroeconomics. If that’s the case, then we should watch the overall indices, not just crypto. What do you think, could there be a recovery in the coming months?
BTC-0.71%
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