$64,863.10 - that was the price of Bitcoin a year ago today. Although we're currently 38.3% down, there is some good news...

Bitcoin held $50K until May 13 2021, then held $40K until the end of May. But from 20 May 2021 until the first week of August 2021, BTC largely traded in the low to mid-thirties for almost a three month period.

Then a new climb began in the second week of August, from the low 40s to the high we saw three months later on 10 November: $68,789.

Though this year has started off FAR worse than most of us anticipated, we're really not doing that badly all things considered (Conflict, Inflation, Regulation, etc).

To put things into perspective, on 21 July 2021 Bitcoin hit a yearly low of $29,796.29 yet then managed to climb 130.87% to reach that $68,798 apex less than four months later.

Will this year be the same .... or will it be better?



Submitted April 15, 2022 at 03:19AM by sandygws https://ift.tt/4ISowRZ

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