Bitcoin Hovers Above $10k for over 38 days, 2nd longest $10k Run Yet

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Avatar for bryandivisions
4 years ago

Just last month I saw a chart data from the pseudonymous analyst “Hsaka,” showing that Bitcoin was currently in its 4th longest run above $10k, well fast forward today and BTC has continued that run and has become it’s 2nd longest period above 10k in its history.

The current record is maintained by its explosive growth in the 2017 bullrun, when BTC was over $10k for 63 consecutive day, starting on November 30th.

Since then, we’ve only had blips and periods of being above 10k, usually lasting for around 20 days. But with this breakout this year, we’ve seen some bullish signs that Bitcoin is continuing to rise.

We’re currently at 60% of its longest streak, and with so much stimulus and more fiat inflation coming, it’s possible to see the Nov 2017 record get shattered this year.

What do you think? Will Bitcoin break through this record, or will it fall below $10k soon?

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Avatar for bryandivisions
4 years ago

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