Bitcoin Continues Seven-Month Rally, Matches 2012 Halving Record; Could April Bring a Correction?

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Bitcoin has been rising for six consecutive months
BTC rises for seven consecutive months, only once in history
BTC rises for seven consecutive months, what happened afterwards?
Bitcoin falls below the uptrend line
Bitcoin has been rising for six consecutive months
Matrixport
According to a tweet, Bitcoin has shown positive returns from September last year to March this year, with a closing price of $71,290 in March. It has achieved a continuous rise for the seventh consecutive month, tying the record set during the 2012 halving.
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 rises for seven consecutive months, only once in history
Matrixport also mentioned that this is actually the second time in Bitcoin’s history that it has come close to achieving seven consecutive months of positive returns. The previous time was from March to September 2012.
At that time, Bitcoin rose from $4.91 to $12.4, an increase of 161%.
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Bitcoin Monthly Line
BTC rises for seven consecutive months, what happened 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 dropped from $12.3 to $11.2 (-9.67%) in October before the halving, and then continued to rise for six consecutive months, reaching a price of $139 (+1,329%).
Bitcoin falls below the uptrend line
As of the deadline, Bitcoin has fallen below 66K ($65,953).
Matrixport pointed out that Bitcoin has established a clear uptrend line since February, but with the market correction, Bitcoin has fallen below the bottom of the trend line at $68,330.
Some believe that this is due to the general decline in Bitcoin before the halving, while others believe it is due to market volatility caused by expectations of interest rates from the Federal Reserve.
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