Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.
The worlds oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoins latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here
https://www.coindesk.com/bitcoins-price-longest-ever-bear-marketWhat do you mean in decline exactly?
Bitcoin price is higher than the initial price it got issued. If you mean decline from the All-time high then ok your point is valid. But that price wasn't the real one that could describe the market in that period of time. It was a bubble that blew early with minor effects in the market.
In my opinion, we should not talk about decline. Bitcoin is 10 years old and you talk about a period of time of 1 year in order to define the "decline".
Its from the last all time high,so we are in huge loss by comparing that prices but still it becomes the cycle of crypto currencies.Maybe we are seeing bear market for most long time in the history but I believe more price fell means strong bump will happen.So if you are a bitcoin believe then it is the time for you to have few more bitcoins into your wallet.