Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May By Cointelegraph

[ad_1]

Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May

(BTC) threatened to continue an unprecedented losing streak on May 29 as stayed in a right intraday range.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView flagged the largest cryptocurrency heading for nine weeks of downtrend in a row — the most in history.

BTC/USD monthly returns chart (screenshot). Source: Coinglass