Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: MUGNIA on December 16, 2020, 02:50:53 PM
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Bitcoin has broken the psychologic $20,000 barrier but can it continue its dramatic run? BeInCrypto revisits historic price advances as the alpha crypto powers ahead into price discovery.
Bitcoin’s First Major Rally
From November 2011 to January 2012, a Bitstamp chart showed one of the first-ever major short-term rallies in bitcoin. The emerging coin rose by 229%, from $2.25 to $7.33.
This was just the beginning and as impressive as the chart looked at the time, the real bull market just about to start.
The first authentic bitcoin bull market lasted roughly 740 days, a little over two years, and increased by more than 51,000%. The price rode the wave from $2.25 to $1,163 in true parabolic fashion.
more : https://beincrypto.com/bitcoin-breaks-20000-a-brief-chronology-of-price-discovery/
BTc amazing 8)