Last quarter was one of the best for Bitcoin

Jan 4, 2021 Forex News

According to data provided by the Skew team, the price of Bitcoin increased by 168% in the fourth quarter of 2020. If we analyze the history of Bitcoin over the years, by the way, yesterday Bitcoin celebrated its twelfth anniversary, then 2017 was the most successful year for Bitcoin. In the fourth quarter of 2017, the price of Bitcoin increased by 210%. This was the highest rate. The last quarter of last year ranked second in terms of performance for Bitcoin. Although, judging by the beginning of this year, this quarter can be the most productive for Bitcoin.


Bitcoin started in 2021 with a sharp rise. During the first three days of the new year, Bitcoin showed upward movement dynamics. As a result, on January 3, the BTC rate peaked at $34800 on Bitstamp. After that, the price began a correction and today even dropped to $27734. The pair of BTC/USD is currently trading at around $31200. Bitcoin capitalization exceeds $600 billion.


Skew analysts also pointed to a sharp exacerbation of volatility in the crypto market in the early days of January. This trend suggests that the chances of a breakout and a collapse are now roughly equal.


Willie Wu is optimistic. He believes BTC is set to renew highs in the long term. Moreover, the price of Bitcoin cryptocurrency can reach $100000 or even exceed this level.


Now the average profitability of traders is the highest since June 2019. The market is clearly under the control of bulls, Santiment said in its survey.

to other news

All news
BTC/USD price analysis, July 28

Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise

Mar 2, 2023 Forex Forecast

Changes to Commodities and Indices Trading on Independence Day

Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;

Jul 1, 2022 Company News

On March 13th MetaTrader Switches to Summer Time (GMT+3)

On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto

Mar 10, 2022 Company News

Changes to Trading Hours on US President’s Day (February 21)

Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)

Feb 14, 2022 Company News