Bitcoin’s worth historical past has seen all of it: a five-digit crash, a regulatory crackdown, a forex collapse, and a bear market that lasted the higher a part of two years. By all of those occasions, one file remained intact. That’s, Bitcoin has by no means closed within the crimson in January, February, and March all in the identical calendar 12 months. By no means in my whole buying and selling historical past. However with only some days left till March 2026, it stays untouched. The file is at the moment on life help.
numbers that inform a narrative
Bitcoin is In the direction of the top of March There’s a risk of three consecutive losses from the primary month to the primary 12 months, a state of affairs that has by no means been recorded in buying and selling historical past. coin glass Month-to-month income warmth map Describe the state of affairs with uncomfortably accuracy. January 2026 ended 10.17% decrease. February additionally noticed a decline of 14.94%, setting a file for the primary consecutive February with a deficit following the 17.39% decline in 2025.
March is at the moment prone to ending in destructive territory, with Bitcoin buying and selling at round $67,750 on the time of writing, in comparison with the month’s opening worth of $66,970 after February’s shut. Consequently, the month-to-date return for March is roughly 0.31%, and there’s one enterprise day left till the month-to-month candlestick closes.
Bitcoin month-to-month return (%). Supply: Coin Glass
Cross-referencing the whole historic dataset, there was no 12 months in Bitcoin’s traceable worth historical past (2013-2026) that had three consecutive crimson month-to-month closes at the start of the 12 months. There have been additionally some robust years by way of particular person months. In January 2015, it decreased by 33.05%, in January 2018, it decreased by 25.41%, and in February 2014, it decreased by 31.03%. Nevertheless, in every case, there was no such reduction in any respect in 2026, though no less than one of many opening three months rallied to a inexperienced shut.
Chance of six consecutive deficits
Bitcoin is Month-to-month crimson closing costs proceed for a very long time Since reaching an all-time excessive of over $126,000 in October 2025. Consequently, in February 2025, the corporate posted 5 consecutive deficits for the second time in historical past. that Information at the moment are in danger Relying on the ultimate developments in March, this will likely be prolonged to 6 crimson closes monthly.
The situation behind this efficiency is the convergence of stress that has steadily elevated over the previous six months. At current, investor sentiment in the direction of Bitcoin has deteriorated to its lowest degree in a number of years. now on the lowest degree For the reason that 2022 bear market.
Because it stands, the general efficiency for Q1 2026 is -22.6% within the crimson. The primary quarter of 2026 efficiency marked the weakest begin to the interval since 2018, when Bitcoin misplaced 50.7% of its worth between January and March. Losses within the first quarter of the 12 months had been even worse in absolute phrases, however rose 0.47% in February.
As of this writing, Bitcoin is buying and selling at $67,750, with in the future left till most traders write the final line of their chapter. I did not count on to see it Written at the start of the 12 months.
Featured picture created by Dall.E, chart on Tradingview.com
