Bitcoin’s monthly losses break records, but history says a turnaround is brewing

💡 DMK Insight

Bitcoin’s potential trend reversal is worth watching closely as it heads for another negative month. While the current market structure suggests bearish sentiment, analysts are pointing to key differences compared to previous downturns. For instance, if Bitcoin can hold above recent support levels, it may indicate a shift in momentum. Traders should keep an eye on the $25,000 mark as a critical level; a bounce here could signal a buying opportunity. On the flip side, if it breaks below, we could see further declines, which would likely trigger stop-loss orders and exacerbate selling pressure. This situation isn’t just about Bitcoin; it could impact altcoins and the broader crypto market. If Bitcoin stabilizes, we might see a rally in Ethereum and other major cryptocurrencies as traders rotate back into risk assets. So, watch for volume spikes and sentiment shifts in the coming days—these could be early indicators of a reversal.