Bitcoin has failed to carry the $30,000 degree on Monday after scoring its 8th consecutive week within the pink for the primary time ever.

Right through those 8 weeks, which started in past due March and ended on Sunday, bitcoin has misplaced over 35% of its U.S. greenback price in step with TradingView knowledge. Earlier than the start of the dropping streak, BTC was once buying and selling at round $46,800.

Bitcoin prints 8 consecutive weeks in the red - losses

Bitcoin has scored losses for 8 consecutive weeks for the primary time in its historical past and it’s beginning the 9th with but any other pink candle. Symbol supply: TradingView.

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