Five Losing Weeks in a Row Loom as Bitcoin Price Sits at $75,800

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Bitcoin trades at $75,800 and looks set to close its fifth straight losing week tonight. Since 2017 that has happened only twice, and the market went lower once and higher once afterwards.Since early October, Bitcoin has closed every week lower than the one before.Add as a preferred source on GoogleFollow on Google NewsBitcoin is trading at around $75,800 on Sunday morning, and by midnight it will be clear whether this becomes the fifth losing week in a row. The facts: the week opened on Monday at $78,232, each of the four weeks before it closed below its open, and a run of five red weeks has happened only twice since 2017. Our assessment follows further down. The streak is long, but the individual losses are small, and that is what sets it apart from the two precedents. If you hold Bitcoin or are planning to buy, you will find the overnight numbers here, the weekly record since early October, the comparison with 2022 and February 2026, last week's fund flows and the d...