2014 bitcoin bear market reversal

2014 bitcoin bear market reversal

Btc vs bitcoin classic

Some recover very quickly, while witnessed between November and February took only 84 days to. Image: TradingView Bearish Trend vs.

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Of interest, is the peak price of Bitcoin occurred around December-January, which is an increasingly common theme in Bitcoin price action. Yet again we see in a bear market the price of Bitcoin reached it's lowest price near the end of the year in December. When the bull turned to bear, it sucked much of the momentum and interest out of what many still consider to be a hype-driven market, and for a moment, it appeared the cryptocurrencies had been left for dead.