Bitcoin has fallen 23% in the first 50 trading days of 2026, marking its worst start to a year on record. January saw a 10% drop, followed by a further 15% decline in February. If the downtrend continues, this will be the first time in Bitcoin's history that it has recorded two consecutive months of losses (January and February), and could also be the weakest consecutive monthly performance since 2022. On-chain data platform Checkonchain points out that in typical declining years, the average index reading on the 50th day is 0.84, while the current reading is 0.77, highlighting the significant magnitude of this pullback. It's worth noting that Bitcoin fell 17% in 2025. Historically, years following a US presidential election typically outperform election years and most rising years, making this continued weakness particularly pronounced. (CoinDesk)