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

$ 88499.8 (-0.01%)
Объем 24H $35.336b
Изменеия 24h: 0.03 %, 7d: 2.76 %
Cегодня L: $88191.41 - H: $88821.68
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