Bitcoin is currently trading at $66,600, marking a significant -15% drop from its January close in just the first few days of February. This extends a serious downturn observed over recent months. 📉

Looking back, Bitcoin closed January at $78,600, down -10% from its December Year-End price. December itself saw a -3% dip to $87,500 from November's close. November recorded a more substantial -17% decline to $90,400 from October. 🗓️

This prolonged bearish sentiment means Bitcoin is now approximately -50% down from its peaks. Highs were recorded around $123,000 in July, $124,000 in August, and $126,000 in October. Such a sustained decline signals more than just a correction. 📉

The market is now facing a clear price trend reversal, moving beyond typical corrective phases. Traders should consider this significant shift in market dynamics. 💡