Bitcoin may set the longest monthly losing streak since 2018, with analysts increasingly divided on its future direction

Jinse Finance reported that as February is about to end, Bitcoin may record its fifth consecutive monthly decline, marking the longest monthly losing streak since the 2018–2019 bear market. Currently, Bitcoin's price has fallen more than 50% from its peak last October, with a year-to-date drop of over 25%, making it the worst performance in the first 50 days of any year in history. Analysts are increasingly divided on the future trend. eToro Senior Market Analyst Mati Greenspan stated that this round of decline is not simply a weakening, but rather a repricing amid structural and institutional changes. The deeper reason lies in the global re-calibration of risk asset valuation systems. If the long-term fundamentals remain intact, a potential rebound could be quite strong. However, analyst Jonatan Randin pointed out that Bitcoin currently lacks a clear narrative. Over the past five weeks, Bitcoin ETF has seen a cumulative net outflow of $3.8 billion. Combined with tariff tensions and the Federal Reserve not yet signaling a clear rate cut, market sentiment remains under pressure.