Bitcoin Is Having One Of The Worst Weeks In History

The incessant declines in Bitcoin, causing panic in the entire market, have come to such a point that the worst week in the last 5 years has passed.

Starting the week at the level of 5600 dollars Bitcoin, at the point reached by the declines it experienced, it regressed to the level of 3520 dollars. Seeing the lowest point of this week with $ 3520, Bitcoin experienced a depreciation of 37 percent.. BTC, which is currently trading at $3850 levels, will have had the worst week of the last 5 years if it stays below this level.

When we look at history, we see that the biggest weekly loss was in 2013 with a decrease of 45 percent.. This year, Bitcoin dropped from $165 to $91.

Bitcoin, which experienced a weekly loss of 30 percent at the beginning of this year, crashed from its peak to the bottom.

Here we can see that Bitcoin has experienced serious declines similar to this week before. Even before reaching the record level of $20,000, crashes to the bottom have been observed many times in history.

Although the current panic atmosphere scares many investors, people who are introduced to Bitcoin early are quite relieved to have seen such serious declines before.

Also, it should not be forgotten that the return price levels in the market are often the levels that not everyone thinks about and are not talked about in the community.. Therefore, while making your investment, you should evaluate the market yourself and follow the news in the market frequently, by using a stop-loss order in order not to be affected by possible decreases.

Disclaimer: What is written in this content is not an investment advice.. Since crypto money investments are riskier investments than other markets, it is necessary to be careful when investing.. Each investment decision is the responsibility of the individuals themselves, and bitcoinsistemi.com and the author of this content cannot be held responsible for any profit or loss that may occur.