Once we look on charts there are a plenty of different ways to look on them ranging from a low time frame to very high time frame and everything in between, especially wants you want to a review a whole bear market or bull market you should switch to the higher timeframes, such as the year-over-year chart. This chart just shows how much the current price of BTC today is down in comparison to exactly one year ago on the same day, as bear markets on average on Crypto has lasted just about for one year. Happily we can say that just recently BTC recorded its first day again where we were green year-over-year as about during this time we had the LUNA crash with prices below $25k. And not so happily we actually stayed under that market for 490 days, the longest ever! Bitcoin Year-over year dates gains (green) or losses (red), by MitchellHODL Yes, even in the percentage-wise worst bear market in 2015 we were only below this mark for 386 days and this bear market we added about hundred days to that for 490 days of pure pain and torment upon us. This just further augments the theory of how bad this bear market actually was, it would not be an understatement at all to call this at least the second-worst bear market for Crypto as multiple statistics are speaking for that and even more. Now we deserve an even bigger pat on our backs for surviving this night mare, Well done you all! [link] [comments] |
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