Bitcoin clings to monthly gains, historic losing streak still in play

Bitcoin shows early signs of outperformance against gold, with the BTC gold ratio rebounding toward 16 ounces after a steep cycle drawdown. What to know : A red monthly close would mark six consecutive losses, matching the August 2018 to January 2019 record. Bitcoin continues to hold above its 200 week moving average near $59,000, while the BTC gold ratio begins to recover from cycle lows(Coindesk)