Green with Envy? Bitcoin's Six-Month Slump Gets a Puny 1.1% Bounce
Bitcoin just bounced above $67,000 from a $65,000 low—a whole 1.1% gain on the day. Hold the champagne. That's a thin silver lining against a backdrop of six consecutive red monthly closes. Somewhere, a degen is crying into their ramen while a Bitcoin maximalist stares at their screen contemplating life choices. The green candle is so small you almost need a microscope to see it.
March has been a grind. Bitcoin ranged from $65,000 on March 2 to a high of $75,000 on March 17, before sliding back to $68,000 by March 23 as U.S.-Iran geopolitical tensions amplified sell pressure. A record $14+ billion in options expiry compounded the volatility, forcing liquidations across the board. Traders got absolutely rekt from multiple directions—first the geopolitical news, then the options gamma squeeze, then the realization
Mentioned Coins
Share Article
Quick Info
Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.
See our Terms of Service, Privacy Policy, and Editorial Policy.