Bitcoin has stumbled into 2026 with its worst opening 50 days on record, sliding 23% year-to-date, according to Checkonchain. The flagship crypto fell about 10% in January and another roughly 15% in February, marking an unusually weak start to the year. Data from Coinglass shows this is the first time Bitcoin has posted back-to-back declines in January and February. While the market has seen double-digit January drops before (notably in 2015, 2016 and 2018), each of those years bounced back with gains in February. If February’s losses hold, Bitcoin will record its weakest pair of consecutive months since 2022. Traders often watch a 50-day benchmark to judge cyclical drawdowns. Checkonchain says a typical down year registers an average index reading of 0.84 at the 50-day mark; Bitcoin is currently at 0.77, underscoring the depth of this pullback. The weakness comes after a 17% drop in 2025 — itself a post-election year. Historically, post-election years have tended to outperform election years and other years on aggregate, making the current underperformance more notable for market watchers. Read more AI-generated news on: undefined/news

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