Markets By TradingView
5384
0

It's been 3 years since BTC dropped to $3.1k.

The “real” pit of the bear market for Bitcoin has yielded over 2,000% gains for patient BTC holders.

It's been 3 years since BTC dropped to $3.1k.
Yazar: James Gordon

Yayınlanma: 18 Aralık 2021 18:50

Güncellenme: 21 Aralık 2024 10:04

Bitcoin (BTC) may be trading below $50,000, but the bull market is actually three years old this month.

Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls at least have something to celebrate as we approach 2021.

Three years, a 2.125% increase

While disappointing when it comes to year-end price prospects, BTC/USD remains an order of magnitude higher than it was even 18 months ago.

March 2020 marked a brief return to near-cycle lows, which has been a solid bull market since December 2018. At that time, Bitcoin capitulated to the lows of $3,100, a level that has never been seen and will likely never be seen again.

On December 15, 2018, Bitcoin ended an entire year-long pullback from its all-time high of $20,000. Compared to this year's peak of $69,000, BTC investors have therefore gained up to 2.125%.

It took several months after the consolidation, and April 2019 was the turning point as the market climbed to the year's high of $13,800.

The anniversary of the "peak month" came just in time as analysts rated the chances of consolidation and a slow rise that characterizes the end of this year and the start of the next.

En Popüler Haberler

Yorum Yap

Yazılan yorumlar hiçbir şekilde Son Ekonomi Haberleri - Türkiye Dünya - ieconomy.io görüş ve düşüncelerini yansıtmamaktadır. Yorumlar, yazan kişiyi bağlayıcı niteliktedir.

Yorumlar

Henüz yorum yapan yok! İlk yorumu siz yapın...

Borsa, Kripto, Hisse, Emtia ve Döviz Haberleri

ieconomy: Türkiye'nin en kapsamlı ekonomi haber sitesi. Son dakika haberleri ve en güncel haberler ieconomy'da.