Bitcoin's price doubled in 75 days — How long until the next 100% leg up?
Historical analysis suggests that the amount of time it takes for the Bitcoin price to double may accelerate during this bull run. The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension.However, historical analysis from Bitcoin monitoring team CaseBitcoin suggests the Bitcoin markets could accelerate further, noting that BTC’s “doubling time” — the time taken for price to increase by 100% — shrunk down to just 12 days just before the peak of the 2017 bull run.3/ How low can it get? In 2017, the fastest....
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Over the past month or so, we have seen Bitcoin's price leave the comfortable range of $10 to $14 that they had been at for nearly four months and embark on a steady course upward that has almost precisely doubled its value since then. The long road up first started on January 6 when, several days after striking the January 1 low of $13.16, the currency began a slow and steady rise of about $0.15 per day. But it did not really pick up until January 16, a point a few days after the currency broke through $14 for the first time since August where Bitcoin's value spiked up suddenly to about....
Bitcoin has now gained nearly 15% in value over the past three days, surpassing a $14 billion market capitalization for the first time in its history as price registered a high of $913.41 today. As of yesterday, Bitcoin had doubled in value since the beginning of the year and is continuing to soar in value. One has to look all the way back to January 6th, 2014, to find bitcoin trading beyond the $900 mark, a level it hadn’t achieved since, until today. Back in 2014, bitcoin price crashed the following day after the implosion of the now-defunct Japanese bitcoin exchange Mt.Gox. Three years....
Cardano (ADA) has been one of the most hardly hit cryptocurrencies during the latest market crash. It has so far lost over 60% of its all-time high, putting the majority of its investors right in the loss territory. The downtrend has been a cause for alarm among holders. But it looks like not everyone feels that way as some, mostly whales, have taken this as an opportunity to increase their holdings. Whales Fill Up On ADA A report from analysis firm Santiment shows a broad accumulation trend among whales when it comes to ADA. As the price of the digital asset had crumbled, big investors....
Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.
The Bitcoin price is down over 5% this Sunday, as it appears that we are returning to a long term down-trend which has been in place, and holding fairly steady in its path, since the summer of 2014. For a couple of weeks at the end of January, the Bitcoin world was full of optimism. With a strong upturn in price it seemed to many that we may have finally broken the digital currency's long term decline in value. But looking at longer term charts - 90 or 180 days - it becomes clear that January's spike was simply an overcorrection for the dip in early January which had taken the bitcoin....