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Bitcoin Gold bear market cycles - historical perspective of BTG bear markets
In this overview, we will show the previous bear markets of the Bitcoin Gold cryptocurrency - you will see how much BTG lost during its biggest past bear markets.
Current price and other data:
|Symbol||Price change (1d)||Price (USD)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Bitcoin Gold has experienced 17 bear markets in the past, see chart below:
What is Bitcoin Gold most negative bear market ?
Bitcoin Gold most negative bear market started on Jun 26th, 2019 and ended on Dec 18th, 2019, lasting for 175 days.
During this time, the price of Bitcoin Gold decreased from 31.5498 USD to 4.9295 USD, resulting in a return of -84.4 %.
Average compounded daily decrease of price during this period was -1.06% / day.
What is Bitcoin Gold 2nd most negative bear market ?
Bitcoin Gold 2nd most negative bear market started on Jan 13th, 2018 and ended on Feb 6th, 2018, lasting for 24 days.
During this time, the price of Bitcoin Gold decreased from 378.6999 USD to 82.8493 USD, resulting in a return of -78.1 %.
Average compounded daily decrease of price during this period was -6.14% / day.
What is Bitcoin Gold 3rd most negative bear market ?
Bitcoin Gold 3rd most negative bear market started on Feb 18th, 2018 and ended on Apr 7th, 2018, lasting for 48 days.
During this time, the price of Bitcoin Gold decreased from 147.3943 USD to 39.7775 USD, resulting in a return of -73.0 %.
Average compounded daily decrease of price during this period was -2.69% / day.
Returns of previous Bitcoin Gold bear market cycles
In the following table you can see the previous BTG bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Bitcoin Gold
See Bitcoin Gold past bull and bear markets in the chart below:
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