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WBTC
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763,215
Social Media Sentiment
Hourly Sentiment
Wrapped Bitcoin bear market cycles - historical perspective of WBTC bear markets
In this overview, we will show the previous bear markets of the Wrapped Bitcoin cryptocurrency - you will see how much WBTC 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| WBTC | 27204 | 0.63 | 1.63 | -0.33 | -0.33 | -0.74 | 50 | 32.7 | 1.63 | 4245001316 |
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%.
Wrapped Bitcoin has experienced 4 bear markets in the past, see chart below:
2020-02-15
2020-03-13
2021-04-14
2021-07-21
2019-06-27
2019-12-18
What is Wrapped Bitcoin most negative bear market ?
Wrapped Bitcoin most negative bear market started on Feb 15th, 2020 and ended on Mar 13th, 2020, lasting for 27 days.
During this time, the price of Wrapped Bitcoin decreased from
10420.3282 USD to 4842.8395 USD, resulting in a return of -53.5 %.
Average compounded daily decrease of price during this period was -2.8% / day.
What is Wrapped Bitcoin 2nd most negative bear market ?
Wrapped Bitcoin 2nd most negative bear market started on Apr 14th, 2021 and ended on Jul 21st, 2021, lasting for 98 days.
During this time, the price of Wrapped Bitcoin decreased from
63491.1105 USD to 29890.0247 USD, resulting in a return of -52.9 %.
Average compounded daily decrease of price during this period was -0.77% / day.
What is Wrapped Bitcoin 3rd most negative bear market ?
Wrapped Bitcoin 3rd most negative bear market started on Jun 27th, 2019 and ended on Dec 18th, 2019, lasting for 174 days.
During this time, the price of Wrapped Bitcoin decreased from
12954.9930 USD to 6594.8397 USD, resulting in a return of -49.1 %.
Average compounded daily decrease of price during this period was -0.39% / day.
Returns of previous Wrapped Bitcoin bear market cycles
In the following table you can see the previous WBTC 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 (%) |
|---|---|---|---|---|
| 2019-04-01 | 2019-04-02 | 4939.4123781675 | 3139.1732660481 | -36.4 |
| 2019-06-27 | 2019-12-18 | 12954.992998157 | 6594.8397024793 | -49.1 |
| 2020-02-15 | 2020-03-13 | 10420.328199769 | 4842.8395179007 | -53.5 |
| 2021-04-14 | 2021-07-21 | 63491.110531236 | 29890.024719801 | -52.9 |
Bull and bear markets of Wrapped Bitcoin
See Wrapped Bitcoin past bull and bear markets in the chart below:
For more detailed analysis of Wrapped Bitcoin past bull and bear markets please subscribe to one of our plans.
