Five straight weeks of declines, down just 13% in total—the combination itself is the answer
$BTC Weekly closes have gone like this:
86,530 → 83,773 → 82,116 → 80,154 → 78,354 → now 75,573
Five consecutive down weeks, down 13% in total; latest week: -3.97%
By the length of consecutive weekly declines, this is the third-longest streak in Bitcoin history.
Only twice has it been worse: an eight-week losing streak in 2022 and a six-week streak in early 2026.
But both times, the drops were much steeper than this one.
So this isn’t a crash—it’s a slow bleed.
That wick on October 30 triggered $1.5 billion in liquidations across the market in a single day. Leverage had already been flushed out once.
Now it’s voluntary position-cutting, not forced liquidations.
The fallout from the $6.3 billion Binance hack, another $1.28 billion in ETF outflows this week, AI stocks dragging down risk appetite as valuations get slashed, and rising bets on a December rate hike.
All four things are happening at once, yet prices are falling very slowly.
Here’s a number nobody mentions: from the all-time high of 126,208 to now, the drawdown is 40%.
A 40% drawdown alongside a 13% decline over five weeks tells you this cycle is bleeding out slowly, not getting its head chopped off all at once.
The next time you see news like this, do one thing first: translate “how many weeks in a row” into “how much has it fallen in total.”
Many weeks, small drop = a slow bleed and deleveraging; what’s missing is a catalyst.
Few weeks, big drop = a crash and liquidity scramble; what’s missing is buyers.
The remedies for these two conditions are completely different. Don’t see “record losing streak” and assume it’s going to zero.
My take: these grinding declines often end faster than sharp drops.
Because they erode confidence, not positions.
But anyone going long now is just guessing. I’m not guessing the bottom—I’ll wait for a green weekly candle before I say anything.
Let’s make a bet: this week (11/9–11/15), the weekly candle closes green.
If you’re in the “five straight down weeks and only down 13%” camp—or the “it hasn’t even started yet” camp—which side are you on?
#比特币连续五周下跌 #Strategy比特币持仓近三个月首现浮亏
$BTC Weekly closes have gone like this:
86,530 → 83,773 → 82,116 → 80,154 → 78,354 → now 75,573
Five consecutive down weeks, down 13% in total; latest week: -3.97%
By the length of consecutive weekly declines, this is the third-longest streak in Bitcoin history.
Only twice has it been worse: an eight-week losing streak in 2022 and a six-week streak in early 2026.
But both times, the drops were much steeper than this one.
So this isn’t a crash—it’s a slow bleed.
That wick on October 30 triggered $1.5 billion in liquidations across the market in a single day. Leverage had already been flushed out once.
Now it’s voluntary position-cutting, not forced liquidations.
The fallout from the $6.3 billion Binance hack, another $1.28 billion in ETF outflows this week, AI stocks dragging down risk appetite as valuations get slashed, and rising bets on a December rate hike.
All four things are happening at once, yet prices are falling very slowly.
Here’s a number nobody mentions: from the all-time high of 126,208 to now, the drawdown is 40%.
A 40% drawdown alongside a 13% decline over five weeks tells you this cycle is bleeding out slowly, not getting its head chopped off all at once.
The next time you see news like this, do one thing first: translate “how many weeks in a row” into “how much has it fallen in total.”
Many weeks, small drop = a slow bleed and deleveraging; what’s missing is a catalyst.
Few weeks, big drop = a crash and liquidity scramble; what’s missing is buyers.
The remedies for these two conditions are completely different. Don’t see “record losing streak” and assume it’s going to zero.
My take: these grinding declines often end faster than sharp drops.
Because they erode confidence, not positions.
But anyone going long now is just guessing. I’m not guessing the bottom—I’ll wait for a green weekly candle before I say anything.
Let’s make a bet: this week (11/9–11/15), the weekly candle closes green.
If you’re in the “five straight down weeks and only down 13%” camp—or the “it hasn’t even started yet” camp—which side are you on?
#比特币连续五周下跌 #Strategy比特币持仓近三个月首现浮亏
