Bitget App
Trade smarter
Hold on! We still need to look at the Bitcoin five-line chart at a critical moment
CryptoChan2024/09/14 03:14
By:CryptoChan
From November to December 2022, BTC bottomed out at Line 1 (around 16k) for about 2 months
From August to October 2023, BTC bottomed out at Line 2 (around 25k) for about 2 months
Currently, BTC has bottomed out at Line 3 (around 56K) for about 1.4 months
The figure shows a set of Bitcoin price cycle models. The model is designed based on on-chain data such as Coin Days Destroyed, Liquid Supply, and Realized Price. It uses 5 lines to completely divide the entire historical coin price from top to bottom.
0
1
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Infighting, scandals, and a stock price plunge: What can DAT rely on to survive?
Bitpush•2025/11/29 03:21
Price predictions 11/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, BCH, LINK
Cointelegraph•2025/11/29 01:48
Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure
A summary of the "Holistic Reconstruction of Privacy Paradigms" based on dozens of speeches and discussions from the "Ethereum Privacy Stack" event at Devconnect ARG 2025.
ChainFeeds•2025/11/28 22:25
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$90,715.59
-0.71%
Ethereum
ETH
$3,031.55
+0.58%
Tether USDt
USDT
$1
+0.03%
XRP
XRP
$2.18
-0.27%
BNB
BNB
$884.41
-1.16%
Solana
SOL
$137.24
-1.83%
USDC
USDC
$1.0000
+0.02%
TRON
TRX
$0.2811
+0.41%
Dogecoin
DOGE
$0.1500
-0.62%
Cardano
ADA
$0.4166
-2.22%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now