#BTC on Track for Its Worst Q1 Since 2018
Bitcoin is closing in on its weakest first quarter performance since 2018 a period that followed the euphoric 2017 blow-off top and led into prolonged bear market pressure.
The signal isn’t just price. Liquidity is tighter, capital rotation has slowed, and risk appetite is clearly fragile.
Historically, extreme Q1 weakness has marked either: • Deep continuation of macro stress
• Or late-stage capitulation before structural recovery
The key question now:
Is this distribution… or quiet accumulation?
Volatility compresses before expansion. Stay positione