Bitcoin Continues Seven-Month Rally, Matching 2012 Halving Record, Will April Bring a Correction?

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Bitcoin has continued to rise for six consecutive months
BTC has risen for seven consecutive months, only once in history
BTC has risen for seven consecutive months, what was the performance afterwards?
Bitcoin breaks below the upward trend line
Bitcoin has continued to rise for six consecutive months
Matrixport
A tweet states that Bitcoin has shown positive returns from September last year to March this year, with a closing price of $71,290 in March, marking the seventh consecutive month of rising prices, equaling the record of the halving year in 2012.
September: +3.91%
October: +28.52%
November: +8.8%
December: +12.18%
January: +0.62%
February: +43.55%
March: +15.59%
BTC Monthly Returns
BTC has risen for seven consecutive months, only once in history
Matrixport also mentioned that this is actually the second time in Bitcoin’s history to achieve a positive return for seven consecutive months, with the previous occurrence being from March to September 2012.
At that time, Bitcoin rose from $4.91 to $12.4, a 161% increase.
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Bitcoin Monthly Line
BTC has risen for seven consecutive months, what was the performance afterwards?
The halving event in 2012 occurred in November of that year, reducing the mining reward from 50 BTC to 25 BTC.
At that time, BTC fell from $12.3 to $11.2 in October before the halving (-9.67%), and then continued to rise for six consecutive months, reaching $139 (+1,329%).
Bitcoin breaks below the upward trend line
As of the deadline, Bitcoin has fallen below 66K ($65,953).
Matrixport pointed out that Bitcoin has established a clear upward trend line since February, but with market corrections, Bitcoin has fallen below the bottom of the trend line at $68,330.
Some believe this is due to the general decline of Bitcoin before the halving, while others attribute it to market volatility caused by expectations of the Federal Reserve’s interest rates.
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