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Bitcoin on Track for Second Consecutive Year of Price Decline
(4 hours ago) · 1 source · Summarized by CryptoBipto
According to a report from Bitcoin Magazine, Bitcoin is facing the possibility of recording two consecutive years of negative annual returns for the first time in its history. This would mark an unprecedented pattern in Bitcoin's price history, which has not previously seen back-to-back years of decline.
WHY IT MATTERS
Bitcoin's price history has shown a repeating pattern where down years are typically followed by recovery years.
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SOURCES
- bitcoinmagazine.com
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