Bitcoin on track for a second straight six-month losing stretch, a pattern once followed by a 208% rebound

Bitcoin has gained 0.76% year to date, but could still log a sixth consecutive monthly drop, according to Coinglass data cited by ChainCatcher. Coinglass data show a comparable six-month slide only once: from August 2018 through January 2019, Bitcoin fell about 54.8%. It then staged a five-month advance from February to June 2019, delivering a cumulative 208.1% rise.