Comparing the Current Bitcoin Price Movement to That in 2016/2017

The Bitcoin price has increased by more than 300% since December 2018. This has caused many to believe that we are in a bullish market and compare the recent movement to prior periods in which the price increased considerably. However, the question remains: What is the period that resembles the current price movement the most? Self-proclaimed cryptocurrency market whisperer @onemanatatime

Register for FREE and get lifetime access to BeInCrypto Premium.

Register for FREE and get lifetime access to BeInCrypto Premium.

▶️ Do you want to BeInCrypto? Join ourTelegram Trading Communityfor exclusiveTrading Signals, educational content, discussions andProject Reviews!Images courtesy of Shutterstock, Trading View and Twitter.

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

As a leading organization in blockchain and fintech news, BeInCrypto always makes every effort to adhere to a strict set of editorial policies and practice the highest level of journalistic standards. That being said, we always encourage and urge readers to conduct their own research in relation to any claims made in this article. This article is intended as news or presented for informational purposes only. The topic of the article and information provided could potentially impact the value of a digital asset or cryptocurrency but is never intended to do so. Likewise, the content of the article and information provided within is not intended to, and does not, present sufficient information for the purposes of making a financial decision or investment. This article is explicitly not intended to be financial advice, is not financial advice, and should not be construed as financial advice. The content and information provided in this article were not prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making any investment decisions. The author of this article may, at the time of its writing, hold any amount of Bitcoin, cryptocurrency, other digital currency, or financial instruments including but not limited to any that appear in the contents of this article.

Will the XRP Price Flip Bullish in the Coming Weeks?

On March 8, the XRP price decreased sharply, reaching a low of 2,433 satoshis….

Recent news of the collapse of an agreement between OPEC and Russia to support…

Throughout its history, the BTC price has bounced on its 200-week moving average (MA)…

BeInCrypto provides an inside perspective on the latest trends in an emerging market while keeping our audience abreast of the hottest news, as it breaks. Our only goal is to provide you the reader with important information, and we would never insult your intelligence by publishing unlabeled promotional material.

BeInNews Academy Ltd © Street: Suite 1701 02A, 17/F, 625 Kings Road, North Point. Hong Kong.

Please enter your username or email address to reset your password.

Lost or forgotten your password? Please enter your email address. You will receive mail with link to set new password.