Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Analyst: Bitcoin is actually in the same position it was in December 2020

Analyst: Bitcoin is actually in the same position it was in December 2020

CointimeCointime2024/03/26 00:13
By:Cointime

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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Mysterious 50X Ethereum Whale Who Earned $16 Million in a Short Time Opened a Long Position in a New Altcoin!

The mysterious whale, who earned $16.4 million by opening long and short positions in Bitcoin, Ethereum, HYPE and YGG, this time opened a long position in LINK.

Bitcoinsistemi2025/03/15 07:11

Is the Recovery in Solana (SOL) Permanent or Could Further Declines Be Coming? Analytics Firm Reveals Critical Points

Is there any basis for the recovery wave in Solana, one of the world's largest altcoins, or is it a temporary rise?

Bitcoinsistemi2025/03/15 07:11

Why Has Bitcoin Rebounded? Will the Uptrend Continue?

Why did Bitcoin, the world's largest cryptocurrency, experience a significant recovery in the last 24 hours? Will the rise continue?

Bitcoinsistemi2025/03/15 07:11