Bitcoin (BTC) Has Never Been In A Long Term Bear Market

2018-8-3 17:00

Bitcoin (BTC) has never really been in a long term bear market. The price has traded in an ascending channel since 2011 according to the BNC:BLX weekly chart above. A long term bear market implies that the price has to break its ascending channel and enter a descending channel for a significant period of time.

So far, Bitcoin (BTC) has had retracements and corrections, the biggest and longest of which was in 2014.

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Bitcoin (BTC) на Currencies.ru

$ 66979.47 (+0.22%)
Объем 24H $142.911b
Изменеия 24h: -3.59 %, 7d: -19.17 %
Cегодня L: $60714.05 - H: $67369.42
Капитализация $1338.595b Rank 1
Цена в час новости $ 7523.02 (790.33%)

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