Bitcoin Price Analysis: BTC Risks Fourth Consecutive Monthly Decline, First Since 2018 Crypto Winter

Bitcoin (BTC) is on track to potentially close April with a loss, marking what could be its fourth consecutive monthly decline. This bearish streak, if confirmed, would be the first such prolonged downturn for the leading cryptocurrency since the extended bear market of 2018. The current pattern highlights significant selling pressure and a cautious market sentiment. Analysts are closely watching key support levels, as a break below could signal further downside. This period of sustained losses underscores the ongoing volatility and cyclical nature of the crypto market, reminding investors of the risks associated with digital asset investments. Market participants are now assessing whether this trend indicates a deeper correction or a prolonged consolidation phase similar to previous cycles.