However, coming out of a prolonged bear market in 2018 and 2019, bitcoin moved again in late-2020 into early 2021 as the price climbed from roughly $10,000 to $60,000. However, we can see that this cohort was selling bitcoin during the entire period, locking in those gains as they were buyers in the previous bear market instead of buying the top they were selling.
Related posts
-
Tether’s USDT Stablecoin Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
“USDT works much better outside of the U.S.,” he said. “In the U.S., there are 15... -
Cryptocurrency Market Decline: How Geopolitics Impact Prices
The cryptocurrency market decline has been significant recently, as global geopolitical events have sent shockwaves through... -
Bitcoin, crypto down 4% as Israel-Iran conflict escalates
Crypto markets slumped on Oct. 1 amid geopolitical conflict between Israel and Iran in the Middle...