Bitcoin is rapidly approaching the establishment of the record for the longest duration of a fall in the course of its 10-year history. In the period from November 2013 to January 2015, the first cryptocurrency experienced the most prolonged price correction, which lasted 410 days. After this period, Bitcoin entered the accumulation stage, which laid a solid foundation for future growth in 2016-2017. The bull market culminated in December 2017, when Bitcoin set a price record in the region of $ 19,700. From the beginning of 2018 and until now, the course of digital gold has been in a long downward spiral. If the price of Bitcoin does not begin its recovery by February 2, 2019, the community will be able to mark a new record set by this cryptocurrency - the longest correction stage in history.
At the moment we are in an uncertain stage. The state of the crypto world does not seem attractive enough because of the extraordinary scam that happened. The main factors can be influenced by the increasing number of ICO projects that fail to implement their projects. Crypto prices are stagnant and even tend to decrease, but this kind of situation should give us support by using crypto much more frequently and instens.