TechFlame reports, citing Cointelegraph, that Bitcoin is facing its fifth consecutive monthly decline, dropping by 14%. The price is currently fluctuating around $67,720, suppressed by resistance at the psychological level of $70,000. On the weekly chart, Bitcoin is encountering a triple resistance cluster, including the 200-week Exponential Moving Average (EMA) at approximately $68,330, the 2021 all-time high of $69,000, and the $70,000 threshold. Analyst Captain Faibik believes that if the weekly close can surpass the 200-week EMA, there is potential for a rebound to $80,000. Additionally, breaking through the 18-24 month holder cost baseline of $74,500 could signal the end of the bear market. Data from CoinGlass shows that the last time Bitcoin experienced five consecutive monthly declines was during the depths of the 2018 bear market. Historical patterns suggest that such rare consecutive declines are often followed by rebounds, as seen in 2019 when five months of gains followed a similar downtrend. Market analysis indicates that as selling pressure nears exhaustion, reversal signals may emerge in April.