Analyst: Bitcoin is actually in the same position it was in December 2020
Jinse Finance reported that Glassnode chief analyst James Check showed a chart on Monday that compared Bitcoin’s price movements over the past three years with those of other Bitcoin eras after hitting their respective historical highs. According to the Check metric, Bitcoin is actually in the same position it was in December 2020. At the time, the asset had just surpassed its all-time high of $19,600 set on December 12, 2017 (after a 36-month wait), and surged to $64,000 in just a few months.
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.
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