Bitcoin is on the verge of a serious situation. It seems that for the first time since 2018, there is a possibility of experiencing four consecutive months of losses. Is the entire cryptocurrency market entering a correction phase?

Looking at recent charts, the downward pressure is indeed strong. If this trend continues, it could really turn into a bear market like in 2018. Anyone who experienced that period would understand, but having consecutive monthly candles in the red can be quite psychologically taxing.

For now, there are some signs of a rebound, but we must not let our guard down. Cryptocurrency markets are hard to predict, so the only thing to do is to manage your assets carefully. It might be a good idea to review your portfolio balance once again.