Analyst: Bitcoin is actually in the same position it was in December 2020
Glassnode's chief analyst James Check presented a chart on Monday comparing the price trends of Bitcoin over the past three years with the price trends of other Bitcoin eras after reaching their respective historical highs. According to Check's measurement standards, Bitcoin is actually in the same position as it was in December 2020. At that time, the asset had just broken through the historical high of $19,600 set on December 12, 2017 (after waiting for 36 months), and skyrocketed to $64,000 in just a few months.
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