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I just looked at the Bitcoin chart data, and it really caught my attention. We are facing a scenario that hasn't happened since 2018 – the fourth consecutive monthly loss. This streak of declines indicates quite serious selling pressure in the market.
The latest data shows BTC has dropped about 0.35% over the past 30 days, which is part of a broader downward trend. If this pattern continues, we could see support levels even lower. This isn't something that happens often, so it's worth watching for traders monitoring their positions.
It's interesting to see how the market will respond in the coming weeks. Will this be the bottom, or is there still room for further decline?