would it be bitcoin crash?
I am sure we have all seen the January effect in regards to Bitcoin and other cryptocurrencies. Basically it shows how bitcoin and others tend to be weak in the middle and end of January.
While that is mostly true, I stumbled upon another chart that I think is just as applicable.
As you can see there have been numerous sharp drops in bitcoin over the last 5 years.
Some of the them steeper and some of the faster than what we currently witnessed.
Especially when we can see that this most recent drop wasn't really anything bigger or faster than other crashes we have seen in the past 5 years.