$BTC ROUGH START TO 2026 IS NOW HISTORIC
#Bitcoin just posted its third-worst Q1 performance since 2013, with $BTC down roughly ~23% for the quarter, according to CoinGlass data.
Context matters -- only the deep bear phases of 2014 and 2018 were worse -- both periods that eventually reset the market before the next major move higher.
What’s driving the weakness right now isn’t structural failure. It’s macro pressure, deleveraging, and geopolitical volatility shaking out positioning.
Historically, extreme Q1 weakness has often marked late-stage fear, not early-cycle euphoria.
Liquidity still