The coldest crypto money we've ever felt is in the winter.
From now on, we are officially in Bitcoin's 10-year history, the longest bear market.
The previous record of price declines in the crypt currency was the period from the end of November 2013 to mid-January 2015, when the Bitcoin price dropped from $ 1,100 to $ 200. This period lasted 410 days.
After 410 days, cryptographic money started to grow, 2017. in December, reaching a record $ 20,000.
Bitcoin, which has been steadily declining since the $ 20,000 peak, recorded a new record on the bear market on Day 411.
This market has caused many losses. Many Blockchain attempts, such as ConsenSys, STEEM, Ethereum Classic, and recently NO, have difficulty standing. Mass redundancies were observed in companies such as ConsenSys and STEEM. The NEM Foundation reported that they had one month's money in their latest announcements. In addition, crypto money miners went to halve the number of employees, some turned off their devices.
Although some predictions have been made, no one knows how long this nightmare will continue.
Recently, a group of cryptographic money analysts analyzed the frequency of Bitcoins transport, concluding that they might be in the final stage of the bear market.
If the result of the study is correct, it means that within a short period of time Bitcoin bulls will be able to enter as long as possible to begin the collection of Bitcoin as much as possible.
One cryptographic money is the buyer Bitstamp, which is $ 3,447.
News: Next Web
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