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-marketThis is the best part of this market situation as its takes time for us to accumulate many coins while the price is at cheap. Moving forward the market will recover at the right time and nothing we can do with it unless we have a huge amount of money that can use to reverse the market flow. The market will only go on bull if we have a good reason that people will buy more coins for daily consumption which this will lead to mass adoption. We just need to be patience to wait for that recovery.