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Siacoin bear market cycles - historical perspective of SC bear markets
In this overview, we will show the previous bear markets of the Siacoin cryptocurrency - you will see how much SC 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%.
Siacoin has experienced 23 bear markets in the past, see chart below:
What is Siacoin most negative bear market ?
Siacoin most negative bear market started on Apr 29th, 2018 and ended on Aug 15th, 2018, lasting for 108 days.
During this time, the price of Siacoin decreased from 0.0296 USD to 0.0048 USD, resulting in a return of -83.7 %.
Average compounded daily decrease of price during this period was -1.67% / day.
What is Siacoin 2nd most negative bear market ?
Siacoin 2nd most negative bear market started on Feb 19th, 2020 and ended on Mar 13th, 2020, lasting for 23 days.
During this time, the price of Siacoin decreased from 0.0036 USD to 0.0009 USD, resulting in a return of -74.1 %.
Average compounded daily decrease of price during this period was -5.7% / day.
What is Siacoin 3rd most negative bear market ?
Siacoin 3rd most negative bear market started on Sep 7th, 2016 and ended on Dec 6th, 2016, lasting for 90 days.
During this time, the price of Siacoin decreased from 0.0006 USD to 0.0002 USD, resulting in a return of -71.5 %.
Average compounded daily decrease of price during this period was -1.39% / day.
Returns of previous Siacoin bear market cycles
In the following table you can see the previous SC 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 Siacoin
See Siacoin past bull and bear markets in the chart below:
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