Bitcoin (BTC) has been facing a challenging period marked by five straight months of downward pressure. However, recent predictions suggest that the cryptocurrency may be poised for a reversal, breaking its bearish streak since late last year.
A key indicator of this potential shift is the monthly close, particularly around February 28, 2026. If BTC's price action closes above $50,000, it could confirm the bullish thesis and signal the start of an 'up only' trajectory.
The historical path of gold suggests that a rising trend may be imminent for BTC. As gold has historically served as a safe-haven asset, rallying during times of economic uncertainty, its price increase may indicate underlying strength in the market.