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.
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https://www.coindesk.com/bitcoins-price-longest-ever-bear-marketWhat statistical basis do this analysis comes from because to me how can a commodity such as bitcoin that dose not have a fix price be rated mathematically to be on a decline, yes the price of bitcoin have been on a decline since after the all time rise in 2017 but that can not stop us from taking into account the various recovery that has take place since January 2018 till date.