This is not one direction (files.catbox.moe). There are 729 times that bitcoin has lost 1% or more of its value in a single day since 2014. There are 180 times that bitcoin has lost 5% or more of its value in a single day. There are 37 days where it lost more than 10% of its value in a single day. Since 2014 there have been 46 weeks that bitcoin ended the week down 10% or more than the prior week's close, and 138 weeks that it closed down 1% over the following week.
Fiat currency doesn't do that. It's just a long, slow descent.
[This is not one direction](https://files.catbox.moe/nia3n4.jpg). There are 729 times that bitcoin has lost 1% or more of its value in a single day since 2014. There are 180 times that bitcoin has lost 5% or more of its value in a single day. There are 37 days where it lost more than 10% of its value in a single day. Since 2014 there have been 46 weeks that bitcoin ended the week down 10% or more than the prior week's close, and 138 weeks that it closed down 1% over the following week.
Fiat currency doesn't do that. It's just a long, slow descent.
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