Bitcoin Headed For Worst Month In 4 Years: ‘Either It’s Dead Or Dollar Cost Average From Here,’ Analyst Says
Bitcoin (CRYPTO: BTC) is headed for its worst month since June 2022, with analyst James Check, arguing every indicator shows bottom formation even as BTC is down to the low $60,000s.
The Worst Month Since Terra Collapse
Bitcoin is on track for its steepest monthly drop since June 2022 when TerraUSD’s implosion triggered the collapse of Three Arrows Capital and BlockFi.
Bitcoin is also set for a fifth straight monthly decline—its longest losing streak since 2018, another bruising period defined by the unraveling of an initial coin offering boom.
The sell-off began in October and accelerated after President Trump announced plans to raise global tariffs to 15%.
BTC Markets analyst Rachael Lucas said Trump’s tariff decision rattled risk assets broadly.
“Despite the ‘digital gold’ narrative, Bitcoin continues to trade as a risk asset. When macro fear spikes, capital rotates …
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