Comparing how Popular Projects are holding up over the Bear Market after Aug. 17th Flash Crash.
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So Crypto Flash Crashed and lots of Crypto projects are/were on sale - some more than others. Lets take a look at how low these projects dipped compared to their Bear Market Low.
Bitcoin
- Flash Crash Bottom: $25.4K
- Current Bear Market Bottom: $15.6K
- Percent from Bottom: +63%
Ethereum
- Flash Crash Bottom: $1.55K
- Current Bear Market Bottom: $1K
- Percent from Bottom: +55%
Cardano
- Flash Crash Bottom: $.2458
- Current Bear Market Bottom: $.2304
- Percent from Bottom: +7%
Polkadot
- Flash Crash Bottom: $4.35
- Current Bear Market Bottom: $4.24
- Percent from Bottom: +3%
Dogecoin
- Flash Crash Bottom: $.058
- Current Bear Market Bottom: $.055
- Percent from Bottom: +5%
Matic
- Flash Crash Bottom: $.54
- Current Bear Market Bottom: $.40
- Percent from Bottom: +35%
Atom
- Flash Crash Bottom: $7.30
- Bear Market Bottom: $6.07
- Percent from Bottom: +20%
Algorand
- Flash Crash Bottom: $.088
- Current Bear Market Bottom: $.088
- Percent from Bottom: AT BOTTOM
Bonus: Moons
- Flash Crash Bottom: $.371
- Current Bear Market Bottom: $.033
- Percent from Bottom: +1,124%
As you can see minus a few exceptions the majorities of Alts flash crashed near their bear market bottoms with ALGO finding a new bottom - while BTC is up +63% and ETH is up +55% compared to the current bear market bottom.
With most alts so close to their bear market bottom - if BTC somehow managed to retrace and test it's bear market low $15.6K, I'm a little scared to see how much further alts will drop.
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