Back then, bitcoin saw a 140-day period with prices in the $6,000-$7,000 range before a final selling climax down towards $3,000, with prices residing in that area for another 120 days. โSimilar tendencies are evident today,โ noted Arcane, โwith prices having ranged in the lower $20,000 area for 70 days.โ
Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months