Data: Bitcoin has fallen 23% in the first 50 trading days before 2026, marking the worst annual start on record

According to CoinDesk, Bitcoin has fallen 23% in the first 50 trading days before 2026, marking the worst annual start on record. In January, Bitcoin dropped 10%, followed by a further decline of 15% in February. If the downward trend continues, it will be the first time in Bitcoin's history that it has recorded declines for two consecutive months, and it may also set the weakest consecutive monthly performance since 2022.

On-chain data platform Checkonchain pointed out that in typical down years, the average index reading on the 50th day is 0.84, while the current reading is 0.77, highlighting the significant magnitude of this retracement. Notably, Bitcoin fell 17% in 2025, and historically, the year following a U.S. presidential election tends to perform better overall than the election year and most up years, making the current sustained weakness particularly striking.