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GT
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763,215
Social Media Sentiment
Hourly Sentiment
Gatechain Token bear market cycles - historical perspective of GT bear markets
In this overview, we will show the previous bear markets of the Gatechain Token cryptocurrency - you will see how much GT 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| GT | 5.09 | -1.55 | -0.78 | 0.22 | 0.32 | 0.02 | -100 | -45.1 | 2.8 | 717778028 |
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%.
Gatechain Token has experienced 6 bear markets in the past, see chart below:
2021-05-13
2021-07-21
2019-08-13
2019-12-18
2020-02-13
2020-03-13
What is Gatechain Token most negative bear market ?
Gatechain Token most negative bear market started on May 13th, 2021 and ended on Jul 21st, 2021, lasting for 69 days.
During this time, the price of Gatechain Token decreased from
11.4302 USD to 2.6025 USD, resulting in a return of -77.2 %.
Average compounded daily decrease of price during this period was -2.12% / day.
What is Gatechain Token 2nd most negative bear market ?
Gatechain Token 2nd most negative bear market started on Aug 13th, 2019 and ended on Dec 18th, 2019, lasting for 127 days.
During this time, the price of Gatechain Token decreased from
0.9799 USD to 0.3206 USD, resulting in a return of -67.3 %.
Average compounded daily decrease of price during this period was -0.88% / day.
What is Gatechain Token 3rd most negative bear market ?
Gatechain Token 3rd most negative bear market started on Feb 13th, 2020 and ended on Mar 13th, 2020, lasting for 29 days.
During this time, the price of Gatechain Token decreased from
0.6734 USD to 0.3174 USD, resulting in a return of -52.9 %.
Average compounded daily decrease of price during this period was -2.56% / day.
Returns of previous Gatechain Token bear market cycles
In the following table you can see the previous GT 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 (%) |
|---|---|---|---|---|
| 2019-08-13 | 2019-12-18 | 0.97991137864343 | 0.3205697975158 | -67.3 |
| 2020-02-13 | 2020-03-13 | 0.67338086007836 | 0.31741348123848 | -52.9 |
| 2020-09-02 | 2020-11-05 | 0.67705966676917 | 0.40581072030822 | -40.1 |
| 2021-02-20 | 2021-03-01 | 2.3121934868254 | 1.2556147740864 | -45.7 |
| 2021-05-13 | 2021-07-21 | 11.430155128719 | 2.6025293659346 | -77.2 |
| 2021-09-07 | 2021-09-29 | 5.8855542645878 | 3.5789956270261 | -39.2 |
Bull and bear markets of Gatechain Token
See Gatechain Token past bull and bear markets in the chart below:
For more detailed analysis of Gatechain Token past bull and bear markets please subscribe to one of our plans.