Check out the cool comparisons of the current cryptocurrency bear market (in red) to the post-Bullrun events of 2017 (in blue) and 2013 (in black).
According to Arcane Researh analysts, this coin collapse is quite comparable to previous bearish trends. Specifically, Bitcoin has now peaked at a 78 percent decline, and this occurred on day 376 after BTC reached a record rate.
By comparison, it took 364 days for Bitcoin to bottom out at -84 percent of its previous high after reaching a record high in December 2017.
The current bear market has lasted 439 days, with Bitcoin 67 percent behind the last record.
