Bitcoin

<h2 id="quick-take">Quick Take</h2> 
<p><a href="https://cryptoslate.com/coins/bitcoin/">Bitcoin</a> is currently hovering around <a href="https://cryptoslate.com/market-turns-green-as-btc-climbs-past-35k-despite-weekend-lull/">$35,000,</a> 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.</p> 
<p>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.</p> 
<p>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 $35,000 brackets, Bitcoin has recorded 107 and 109 trading days, respectively.</p> 
<table class="dataframe" border="1"> 
 <thead> 
  <tr style="text-align: right;"> 
   <th>Price Range ($)</th> 
   <th>Number of Days</th> 
  </tr> 
 </thead> 
 <tbody> 
  <tr> 
   <td>$0 – $5000</td> 
   <td>2782</td> 
  </tr> 
  <tr> 
   <td>$5000 – $10000</td> 
   <td>716</td> 
  </tr> 
  <tr> 
   <td>$10000 – $15000</td> 
   <td>245</td> 
  </tr> 
  <tr> 
   <td>$15000 – $20000</td> 
   <td>183</td> 
  </tr> 
  <tr> 
   <td>$20000 – $25000</td> 
   <td>165</td> 
  </tr> 
  <tr> 
   <td>$25000 – $30000</td> 
   <td>218</td> 
  </tr> 
  <tr> 
   <td>$30000 – $35000</td> 
   <td>109</td> 
  </tr> 
  <tr> 
   <td>$35000 – $40000</td> 
   <td>107</td> 
  </tr> 
  <tr> 
   <td>$40000 – $45000</td> 
   <td>94</td> 
  </tr> 
  <tr> 
   <td>$45000 – $50000</td> 
   <td>97</td> 
  </tr> 
  <tr> 
   <td>$50000 – $55000</td> 
   <td>39</td> 
  </tr> 
  <tr> 
   <td>$55000 – $60000</td> 
   <td>65</td> 
  </tr> 
  <tr> 
   <td>$60000 – $65000</td> 
   <td>36</td> 
  </tr> 
  <tr> 
   <td>$65000 – $70000</td> 
   <td>4</td> 
  </tr> 
 </tbody> 
</table> 
<p>The post <a rel="nofollow" href="https://cryptoslate.com/insights/bitcoin-spent-2782-days-under-5000/">Bitcoin spent 2,782 days under $5,000</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

Bitcoin spent 2,782 days under $5,000

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