Tuesday, May 21, 2019

Bitcoin Price Blitzed $20,000, 13 Days After it Last Closed at $8,300; Déjà Vu?

By CCN: Year-to-date, the bitcoin price has surged by 113 percent in a stunning recovery, achieving $8,000 in merely six months after plunging to $3,150 in December 2018. As said by Thomas Lee, a co-founder at Fundstrat Global, bitcoin has historically tended to record most of its gains in a short time frame, typically in a 10-day window, unlike traditional assets and asset classes. 2/ Reminder that BTC generally generates all of its performance within 10D of any year.–ex the top 10 days, BTC is down 25% annually since 2013 pic.twitter.com/zoEocEEZvu — Thomas Lee (@fundstrat) April 2, 2019 According to

The post Bitcoin Price Blitzed $20,000, 13 Days After it Last Closed at $8,300; Déjà Vu? appeared first on CCN



source https://www.ccn.com/analyst-last-time-bitcoin-closed-8300-13-days-to-reach-20k

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