Bitcoin’s (BTC) Four-Month Winning Run Brings $100,000 in View if History Right


Bitcoin’s bounce has paved the way for the type of six-figure price projections that peppered the pandemic-era crypto boom. The token’s ripening monthly streak puts history on the side of such bold optimists.

Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the best such stretch since a six-month advance through March 2021. In the past decade, four-month winning runs foreshadowed an average Bitcoin surge of 260% over the subsequent year, data compiled by Bloomberg shows.



Source link

Previous articleThe Best iPhones of 2023
Next articleEthereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade – Defi Bitcoin News