{ "id": 67018, "date": "2026-04-02T09:11:30", "date_gmt": "2026-04-02T02:11:30", "guid": { "rendered": "https:\/\/hbbgroup.net\/bitcoin-ends-5-month-losing-run-real-reversal-or-just-april-fools-hype\/" }, "modified": "2026-04-02T09:11:30", "modified_gmt": "2026-04-02T02:11:30", "slug": "bitcoin-ends-5-month-losing-run-real-reversal-or-just-april-fools-hype", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/bitcoin-ends-5-month-losing-run-real-reversal-or-just-april-fools-hype\/", "title": { "rendered": "Bitcoin Ends 5-Month Losing Run \u2014 Real Reversal Or Just April Fool\u2019s Hype?" }, "content": { "rendered": "
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A cluster of roughly 650,000 Bitcoin sits at the $70,000\u2013$72,000 price range \u2014 coins bought by investors who are now waiting to break even. That supply overhang is the wall Bitcoin<\/a> must climb if its March recovery is going to mean anything.<\/p>\n

Related Reading: Ripple\u2019s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm<\/a><\/p>\n

A Streak That Hasn\u2019t Been Seen Since 2018<\/h2>\n

Bitcoin closed March up 2%, snapping five consecutive months of losses. It was the longest such run of red monthly candles since 2018, and data from CoinGlass<\/a> confirms the streak is over.<\/p>\n

The final close puts Bitcoin at roughly $68,250 as April opens, with traders watching closely to see whether the momentum holds or fades.<\/p>\n

The last time Bitcoin strung together six straight losing months was in 2018 going into early 2019. What followed was a sharp turnaround \u2014 Bitcoin went on to post gains exceeding 300% over the next five months.<\/p>\n

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THIS IS A MASSIVE DOSE OF HOPIUM.<\/p>\n

Bitcoin just printed its first green monthly candle after 5 consecutive red months.<\/p>\n

Let\u2019s hope this is not an April Fool\u2019s joke. pic.twitter.com\/dUAw1Yb4aX<\/a><\/p>\n

\u2014 Ash Crypto (@AshCrypto) April 1, 2026<\/a><\/p>\n<\/blockquote>\n

<\/p>\n

Some analysts are pointing to that episode as a rough blueprint<\/a> for what could come next. Analyst Ash Crypto called the March close \u201ca massive dose of hopium\u201d on X, pointing to the possible shift in momentum as a sign that a sustained recovery could be underway.<\/p>\n

Trader Satoshi Flipper noted on X that the last time Bitcoin fell for six months straight, it climbed for the following five. That kind of historical comparison<\/a> draws attention, though it rests on a single prior example.<\/p>\n

\n

Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!<\/p>\n

What are our next 5 months going to look like after BTC just finished dumping 5 months in a row? pic.twitter.com\/DviQHfNell<\/a><\/p>\n

\u2014 Satoshi Flipper (@SatoshiFlipper) April 1, 2026<\/a><\/p>\n<\/blockquote>\n

The $70,000 Zone Is The Real Test<\/h2>\n

The $70,000\u2013$72,000 range isn\u2019t just a round number. It\u2019s where the 50-day simple moving average, the 50-day exponential moving average, and the cost basis of a large block of investors all converge.<\/p>\n

Data from Glassnode shows that approximately 650,000 BTC were acquired in that price range \u2014 meaning a significant number of holders are underwater and likely to sell once they recover their losses.<\/p>\n

BTCUSD trading at $68,559 on the 24-hour chart: TradingView<\/a><\/figcaption><\/figure>\n

Breaking through that zone could open the door to $76,000, and potentially $80,000 after that. Trader Sheldon Diedericks said on X that Bitcoin could push up toward $83,000 on the monthly chart \u2014 a level that acted as support back in April 2025 and sits close to the 200-day exponential moving average.<\/p>\n

If the rally stalls, the floor levels matter just as much. The 200-week exponential moving average sits around $68,300 \u2014 just below where Bitcoin is currently trading. Below that, $59,400 marks the 200-week simple moving average, and around $54,000 sits Bitcoin\u2019s realized price, a level watched closely as a potential bear market floor.<\/p>\n

April Has A Mixed Track Record<\/h3>\n

Here\u2019s the complication: April doesn\u2019t always follow March\u2019s lead. Based on data going back to 2013, Bitcoin has closed April in the green eight out of 13 years, with average returns around 12%. But nine out of those same 13 years, April moved in the opposite direction from March.<\/p>\n

More recently, Bitcoin dropped in April after a green March close in three of the four years between 2021 and 2024.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

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