Crypto Winter 2022: When Will the Crypto Crash End?
— Liquidation, Written, Bottoming, Second major crash started, Called, Three crypto winters, 710 days away, 091 days, Ever recover — 1 min read
The crypto market has fallen by 50% or more on four different occasions, including the current downturn. Cryptocurrency is a relatively new asset class, meaning investors have to navigated uncharted waters. There is no guarantee the crypto market will ever recover, but for risk-tolerant investors looking to capitalize on the downturn, Bitcoin and Ethereum are backed by a compelling investment thesis. The market has already fallen 71% from its high, sending $2 trillion up in smoke. The average time to bottom was 303 days, the average drop was 87%, and the average time for new-high was 945 days. So if the current crypto crash falls precisely in line with the average, we are 68 days away from the bottom and 710 days Source