Given the current bear market many are asking the question whether the Bitcoin price has exhibited such action before? The answer is yes.

The current bearish Bitcoin price pressure has made a lot of traders and enthusiasts uneasy. It is evident there isn’t much to be excited about given the current circumstances, but there are precedents for this negative market pressure as well. An extensive bear market is nothing new, nor is a massive price decline following a new all-time high. Below are some very similar incidents which may put some people’s minds at ease.

5 Past Bitcoin Price Crashes:

• The 2011 Onslaught
• The 2013 Price Debacle
• The 2014 China "Ban"
• September 2017 Caused a Near 50% Drop
• The Quick Decline in December 2017

Read More: https://nulltx.com/has-bitcoin-price-dropped-like-this-before/