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Data Shows $1,000 Bitcoin Price Gains are Followed by 38% Drawdown

April 30, 2020 by DIGIT
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Data shows that $1,000 intraday surges in Bitcoin price often lead to double digit corrections shortly thereafter.

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Categories Bitcoin, Bitcoin Price, Markets
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  • bitcoinBitcoin(BTC)$100,549.00-5.45%
  • ethereumEthereum(ETH)$3,637.28-6.48%
  • tetherTether(USDT)$1.00-0.10%
  • rippleXRP(XRP)$2.32-10.06%
  • binancecoinBNB(BNB)$692.30-3.95%
  • solanaSolana(SOL)$206.70-7.71%
  • dogecoinDogecoin(DOGE)$0.359538-8.87%
  • usd-coinUSDC(USDC)$1.000.03%
  • staked-etherLido Staked Ether(STETH)$3,632.40-6.46%
  • cardanoCardano(ADA)$0.97-8.40%
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  • bitcoinBitcoin(BTC)$100,549.00-5.45%
  • ethereumEthereum(ETH)$3,637.28-6.48%
  • tetherTether(USDT)$1.00-0.10%
  • rippleXRP(XRP)$2.32-10.06%
  • binancecoinBNB(BNB)$692.30-3.95%
  • solanaSolana(SOL)$206.70-7.71%
  • dogecoinDogecoin(DOGE)$0.359538-8.87%
  • usd-coinUSDC(USDC)$1.000.03%
  • staked-etherLido Staked Ether(STETH)$3,632.40-6.46%
  • cardanoCardano(ADA)$0.97-8.40%