Bitcoin spent 2,782 days under $5,000

Share This Post

Quick Take

Bitcoin is currently hovering around $35,000, showcasing a remarkable year-to-date increase of over 100%. This surge has piqued interest in its trading patterns across various price ranges. When we break down the data in $5,000 intervals, which offer a clearer visual representation than $1,000 intervals, certain trends emerge.

The majority of Bitcoin’s trading history, 2782 days to be precise, falls within the $0 to $5,000 range. This is followed by 2387 days in the $0 to $1,000 range. Given Bitcoin’s early days as a pioneering asset, its prolonged presence in these lower price brackets is expected.

In the $5,000 to $10,000 range, Bitcoin has seen 716 trading days. This highlights a consistent pattern: as the price brackets increase by $5,000, Bitcoin tends to have fewer trading days within them. For instance, in the $35,000 to $40,000 and $30,000 to $35,000 brackets, Bitcoin has recorded 107 and 109 trading days, respectively.

Price Range ($)Number of Days
$0 – $50002782
$5000 – $10000716
$10000 – $15000245
$15000 – $20000183
$20000 – $25000165
$25000 – $30000218
$30000 – $35000109
$35000 – $40000107
$40000 – $4500094
$45000 – $5000097
$50000 – $5500039
$55000 – $6000065
$60000 – $6500036
$65000 – $700004

The post Bitcoin spent 2,782 days under $5,000 appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines

The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases This change prompts inquiries regarding market

Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025

The post Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025 appeared first on Coinpedia Fintech News Being an industry giant for the past 14 years, Kraken, one of the oldest

BOB Project: Can Bitcoin Take Over DeFi with Ethereum Bridge?

The post BOB Project: Can Bitcoin Take Over DeFi with Ethereum Bridge appeared first on Coinpedia Fintech News BOB, a project built on Bitcoin, is s making headlines with its bold plan to make

Kraken eyes DeFi expansion with launch of Ink, its new Ethereum layer-2 network

Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct 24 statement Ink aims to empower users to trade, borrow, and lend

Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So

Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 US election could push BTC prices toward the $92,000 mark Park isn’t alone in this prediction; a

Crypto Alert: $13 Million of Investor Funds Frozen in South Korea!

The post Crypto Alert: $13 Million of Investor Funds Frozen in South Korea! appeared first on Coinpedia Fintech News In South Korea, over 33,000 crypto investors are locked out of approximately $13