Analyst: Bitcoin is actually in the same position it was in December 2020
Jinse Finance reported that Glassnode chief analyst James Check showed a chart on Monday that compared Bitcoin’s price movements over the past three years with those of other Bitcoin eras after hitting their respective historical highs. According to the Check metric, Bitcoin is actually in the same position it was in December 2020. At the time, the asset had just surpassed its all-time high of $19,600 set on December 12, 2017 (after a 36-month wait), and surged to $64,000 in just a few months.
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.
You may also like
Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K
Fed rate cut may pump stocks but Bitcoin options call sub-$100K in January
"Validator's Pendle" Pye raises $5 million, enabling SOL staking yields to be tokenized
There are truly no creative bottlenecks in the financialization of Web3.
DiDi has become a digital banking giant in Latin America
DiDi has successfully transformed into a digital banking giant in Latin America by addressing the lack of local financial infrastructure, building an independent payment and credit system, and achieving a leap from a ride-hailing platform to a financial powerhouse. Summary generated by Mars AI. This summary was produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
Trending news
MoreCrypto prices
More
