Bitcoin - The very first bull market
For this we go back to September of 2010.
Prices gradually climbed from $.06 to $.80 by April of 2011.
Then, the top blew off.
From April to June of 2011 prices went from about $.80 to $36!
That area can be seen in blue above.
Shortly after prices fell by roughly 93% from the peak to the trough before the next bull phase started.
There have been at least 4 major bull markets in bitcoin, there very likely will be a 5th.
Stay tuned.
Let’s get those Bulls a runnin! To the Moon Baby
Run bull run!