According to recent data released by cryptocurrency analyst The Moon, since its launch, bitcoin's annual lows have been higher than the previous year's lows. The only exception was 2015, when the low was $ 15 below the previous year. In some years, Bitcoin's annual low was more than double its previous low. For example, the 2018 low was $ 3,200, which is more than four times the 2017 low of $ 780. Higher lows each year indicate that those HODLers have not given up. They have accumulated more bitcoin with each drop, and the number of new investors has been increasing.