Bitcoin Magazine

Bitcoin Faces Two Red Years For the First Time Ever

Bitcoin has never posted back-to-back losing years, but 2026 could change that. BMTV’s Chart of the Day looks at Bitcoin’s yearly candles: 2025 closed down about 6%, the first red year directly after a halving, and 2026 is down about 16% with seven weeks to go. To finish green, Bitcoin has to get back above $87,500, about an 18% rally from here. Sean Hagan says the timeline is full of panic hands treating two red candles as proof Bitcoin is struggling, and he wanted to look at the actual data. The numbers, he argues, may tell a different story.

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Chapters:
00:00 Bitcoin Has Never Posted Back-to-Back Losing Years
00:25 Two Red Candles on the Yearly Chart
01:04 2025 Was the First Red Year After a Halving
01:28 Bitcoin Needs $87,500 to Finish Green
02:23 The ETFs Pulled the Whole Rally Forward
02:50 2021 Had the Cushion, 2025 Did Not
03:23 Year Two Isn’t the Difference, Year One Is
03:48 This Bear Market Has Been Shorter and Shallower
04:40 Even a Red 2026 Would Be the Mildest Post-Top Year
05:01 An 18% Rally Comes Roughly One in Eight
05:47 The Headline Sounds Worse Than What’s Happening
06:18 This Is a Better, More Mature, Stronger Bitcoin

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This post Bitcoin Faces Two Red Years For the First Time Ever first appeared on Bitcoin Magazine and is written by Patrick Green.