8 Historic #Bitcoin Crashes and their Reasons
Since its introduction as a trading asset, #Bitcoin can and has fallen dramatically on numerous occasions since 2011 but each time the #cryptocurrency has come back stronger.
Here are 8 big historic #Bitcoin crashes. As you can see, the latest/current one we are experiencing isn't even the largest of them all. #HODL.
Graphics courtesy of #CT_Infographics
Dear choudhum,
Nice post my friend. But I would not always call it a crash because often it is a correction - eg. last summer, autumn and right now (winter).
Normally charts make news, not the other way around. Because people try to explain why this and that happened.
But since crypto is still very young it can be manipulated sometimes (so news can be the reason for a certain move of a chart).
Yours truly,
Gandalf The White
PS: I am of the opinion that we soon will go bullish again (at the latest of March). Not a financial advisor but I am quite experienced with stocks and crypto.
Thanks mate. Much appreciated.
Agree with you, correction is better terminology instead of crash.
Yes, there is currently so much news, FUD and manipulation in this market than ever before.
You are welcome!
Of course there are crashes but right now it definitely is a correction for example.
Have a good one!