The Bitcoin (BTC) price has decreased considerably since reaching an all-time high price on April 14.
This is the second major correction since breaking the previous all-time high. In 2017, there were four corrections after the all-time high breakout.
We will only measure correction larger than 20%, occurring after the previous all-time high of $1177 was broken (white horizontal line) The all-time high was broken on Feb. 27, 2017.
For BeInCrypto’s latest bitcoin (BTC) analysis, click here.
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