Bitcoin Ends 5-Month Losing Run — Real Reversal Or | Crypto News
A cluster of roughly 650,000 Bitcoin sits at the $70,000–$72,000 price vary — cash purchased by traders who are now ready to break even. That provide overhang is the wall Bitcoin must climb if its March recovery goes to imply something.
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A Streak That Hasn’t Been Seen Since 2018
Bitcoin closed March up 2%, snapping 5 consecutive months of losses. It was the longest such run of crimson month-to-month candles since 2018, and data from CoinGlass confirms the streak is over.
The closing close places Bitcoin at roughly $68,250 as April opens, with merchants watching intently to see whether or not the momentum holds or fades.
The last time Bitcoin strung together six straight dropping months was in 2018 going into early 2019. What adopted was a sharp turnaround — Bitcoin went on to post positive aspects exceeding 300% over the next 5 months.
THIS IS A MASSIVE DOSE OF HOPIUM.
Bitcoin just printed its first inexperienced month-to-month candle after 5 consecutive crimson months.
Let’s hope this will not be an April Fool’s joke. pic.twitter.com/dUAw1Yb4aX
— Ash Crypto (@AshCrypto) April 1, 2026
Some analysts are pointing to that episode as a tough blueprint for what may come next. Analyst Ash Crypto called the March close “a massive dose of hopium” on X, pointing to the attainable shift in momentum as a signal that a sustained recovery may very well be underway.
Trader Satoshi Flipper famous on X that the last time Bitcoin fell for six months straight, it climbed for the next 5. That type of historic comparability attracts consideration, though it rests on a single prior instance.
Last time BTC dumped 6 months in a row, it pumped the next 5 months in a row that got here after!
What are our next 5 months going to appear to be after BTC just completed dumping 5 months in a row? pic.twitter.com/DviQHfNell
— Satoshi Flipper (@SatoshiFlipper) April 1, 2026
The $70,000 Zone Is The Real Test
The $70,000–$72,000 vary isn’t just a spherical quantity. It’s where the 50-day simple shifting average, the 50-day exponential shifting average, and the fee foundation of a large block of traders all converge.
Data from Glassnode exhibits that roughly 650,000 BTC have been acquired in that price vary — which means a vital quantity of holders are underwater and seemingly to promote once they get better their losses.
Breaking through that zone may open the door to $76,000, and probably $80,000 after that. Trader Sheldon Diedericks said on X that Bitcoin may push up toward $83,000 on the month-to-month chart — a degree that acted as assist back in April 2025 and sits close to the 200-day exponential shifting average.
If the rally stalls, the ground ranges matter just as a lot. The 200-week exponential shifting average sits around $68,300 — just below where Bitcoin is at present trading. Below that, $59,400 marks the 200-week simple shifting average, and around $54,000 sits Bitcoin’s realized price, a degree watched intently as a potential bear market ground.
April Has A Mixed Track Record
Here’s the complication: April doesn’t always comply with March’s lead. Based on data going back to 2013, Bitcoin has closed April in the inexperienced eight out of 13 years, with average returns around 12%. But 9 out of those same 13 years, April moved in the alternative direction from March.
More just lately, Bitcoin dropped in April after a inexperienced March close in three of the 4 years between 2021 and 2024.
Featured image from Meta, chart from TradingView
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