Visualizing the History of Bitcoin Crashes

in #bitcoin7 years ago

Hello Steemains

Visualizing the History of Bitcoin Crashes

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Here is a breakdown of the visual, showing each of the corrections in Bitcoin by date of occurrence. It will also include the percent of value loss and the length of the correction in number of days:

  1. January 12, 2012 – January 27, 2012, -30%, 16 Days

  2. August 17, 2012 – August 19, 2012, -57%, 3 Days

  3. March 6, 2013 – March 7, 2013, -33%. 2 Days

  4. March 21, 2013 – March 23, 2013, -35%, 3 Days

  5. April 10, 2013 – April 12, 2013, -83%, 3 Days

  6. November 19, 2013 – November 19, 2013, -50%, 1 Day

  7. November 30, 2013 – January 14, 2015, -87%, 411 Days

  8. March 10, 2017 – March 25, 2017, -34%, 16 Days

  9. May 25, 2017 – May 27, 2017, -33%, 3 Day

  10. June 12, 2017 – July 16, 2017, -39%, 35 Days

  11. September 2, 2017 – September 15, 2017, -40%, 14 Days

  12. November 8, 2017 – November 12, 2017, -30%, 5 Days

  13. December 17, 2017 – February 6, 2018, -70%, 48 Days

Overall, the latest correction in the price of Bitcoin is nothing out of the ordinary

Keep calm! All the best.

Thanks

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Perspective is so important in all things. This is a great visual representation helping to put things in perspective in regards to a mostly free market for a new world-changing commodity. Thanks!

If this big crash is an indication of the big reversal that will follow than I can't wait;-).
Thank you for sharing this information with us

all the horrific crashes lead to the beautiful all time highs of the coin . so keep calm and enjoy the NEW ATH of the coin :P