The price move occurred on stronger volume; specifically, yesterday’s volume was up 374.78% from the day prior, and up 479.81% from the same day the week before.
Some recommended resources for learning: so why doesn’t bitcoin die?…
Bitcoin is fundamentally a technology designed to resist any centralised control by a person, business, or government.
In another 4 years in 2024 there will be a forth bitcoin halving cutting the reward down to 3.125 bitcoins per block….
Bitcoin outperformed all 5 assets in the top cryptos asset class since the previous 4 hours.
Bitcoin outperformed all 5 assets in the top cryptos asset class since the last 4 hour candle.
Relative to other instruments in the top cryptos asset class, bitcoin ranked 2nd since the previous day in terms of percentage price change.
This move happened on lower volume, as yesterday’s volume was down 22.99% from the day before — and down 66.99% from the same day the week before.
Leading up to bitcoin’s first halving, bitcoin rallied 663% to reach the pre-halving top of $15.51….
Prior to the first halving, bitcoin rallied 663% to reach its pre-halving#1 top but later rallied 3,400% after the halving….