The largest crash ever recorded on bitcoin’s chart took place on April 10, 2013, shortly after the U.S.
Exhaustion occurs when a majority of buyers has bought the underlying asset and there are no more new buyers appearing to support the uptrend.
This means its price tends to fluctuate significantly over a relatively short period of time compared to other assets.
Knowing which downtrends are corrections and which ones are crashes can help you to better understand the market and how bitcoin traders react to certain fundamental and technical factors.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.