BTC could break longest losing streak since 2018, analysis suggests

Bitcoin is likely to break its record for the longest losing streak since the 2018 bear market, according to an analysis by Decrypt. The cryptocurrency has fallen about 53% from its high last October, approaching the 56.26% drop recorded during the 2018 bear market. If Bitcoin ends February with a decline, it will mark the fifth consecutive month of losses. The current record was set in June 2018, when Bitcoin fell for six months in a row. Decrypt noted that with the asset already down 13.98% in February, the outlook is not bright.