Parabolic Move Number 4 : 4000% Gains in 8 Months
Bitcoin Ranged between 200 to 700 for most part before moving towards 1000 range in the fag end of the 42 Month Long Period before posting a New ATH of 1355 in the week of 17th April. Earlier High was recorded in Nov 2013. So Yes Bitcoin can spend a Lot of time ranging before registering New ATH.
After Breaking out & posting New ATH, Bitcoin staged an 8 Month Long Rally, largest in its history to post a New All time High of 19891 on 17th Dec 2017
The 8 Month Long Rally triggered the largest Bull run in Crypto Currency have ever witnessed when new ALT Coins emerged including Ethereum & Litecoin
Market Cap jumped from mere 2 Billion to 820 Billion Peak in 2018 itself a staggering rise. Most of the New Investors & New Money arrived in this period fueling ICO Boom.
The Boom also gave rise to numerous fly by night operator scams
Bitcoin Ranged between 200 to 700 for most part before moving towards 1000 range in the fag end of the 42 Month Long Period before posting a New ATH of 1355 in the week of 17th April. Earlier High was recorded in Nov 2013. So Yes Bitcoin can spend a Lot of time ranging before registering New ATH.
After Breaking out & posting New ATH, Bitcoin staged an 8 Month Long Rally, largest in its history to post a New All time High of 19891 on 17th Dec 2017
The 8 Month Long Rally triggered the largest Bull run in Crypto Currency have ever witnessed when new ALT Coins emerged including Ethereum & Litecoin
Market Cap jumped from mere 2 Billion to 820 Billion Peak in 2018 itself a staggering rise. Most of the New Investors & New Money arrived in this period fueling ICO Boom.
The Boom also gave rise to numerous fly by night operator scams
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