For the first time we had four consecutive red quarters in Bitcoins history, showing how different this bear market actually is.

2022 has just closed and with that the last yearly quarter candle for the BTC chart and it has unsurprisingly closed red. This was pretty obvious after we had a lot of crabbing during the start of Q4 and then the FTX-Implosion happened and sent crypto to new lows. Without we could have possibly closed it at slightly in the green as even the stock markets rallied afterwards.

But this did not happen, instead we had a fourth quarter with even further losses. And this is a first time ever in Bitcoins history that we see four consecutive quarters in the red. Before that in all the previous bear markets we just had three red quarters in a row.

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Quarterly BTCUSD chart

This chart also very well visualizes how this bear market has been exceptional in Cryptos history. We also know many other indicators showing how brutal this bear market is, especially in comparison to the previous bear markets.

What does this mean? Well, we could possibly be further at the end of this bear market as we are already in relatively bigger lows than on previous bear markets. Or at least this gives hope that all that pain may be soon over rather than not. Stick in there, because this too shall pass.