I noticed an interesting trend on Bitcoin charts — it has been declining for five consecutive months. This reminds me of 2018, when the crypto experienced one of its worst series of losses. Market pessimism is clearly growing, judging by price behavior and trading volumes.



If this trend continues, we could see even more significant downward movements. Many traders are currently in a wait-and-see mode, afraid to open positions. Investor pessimism is reaching levels we haven't seen in several years.

Should this be seen as a buy signal or just a warning? The market has not yet shown signs of a rebound. It will be interesting to see how this develops further.
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