ChainCatcher reports that, according to CoinDesk, Bitcoin has declined a total of 23% in the 50 trading days before 2026, marking the worst start to a year on record. In January, Bitcoin fell 10%, and in February, it further declined by 15%. If the downward trend continues, this will be the first time in Bitcoin history that it has experienced consecutive monthly declines, and it may also set the weakest consecutive monthly performance since 2022.
On-chain data platform Checkonchain pointed out that in typical decline years, the average index reading on day 50 is 0.84, while the current reading is 0.77, highlighting a larger retracement this cycle. Notably, Bitcoin declined 17% in 2025. Historically, post-U.S. presidential election years tend to perform better overall than election years and most bullish years, but the ongoing weakness in this cycle is particularly pronounced.