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BitTorrent bull market cycles - historical perspective of BTT bull runs
In this overview, we will show the previous bull runs of the BitTorrent cryptocurrency, including statistical analysis of BTT returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
BitTorrent has experienced 8 bull markets in the past, see chart below:
What is BitTorrent biggest bull run ?
BitTorrent biggest bull run started on Mar 1st, 2021 and ended on Apr 6th, 2021, lasting for 36 days..
During this time, the price of BitTorrent increased from 0.0011 USD to 0.0109 USD, resulting in a return of 855.1 %.
Average compounded daily increase of price during this period was 6.47% / day.
What is BitTorrent 2nd biggest bull run ?
BitTorrent 2nd biggest bull run started on Nov 5th, 2020 and ended on Feb 22nd, 2021, lasting for 109 days.
During this time, the price of BitTorrent increased from 0.0003 USD to 0.0018 USD, resulting in a return of 536.8 %.
Average compounded daily increase of price during this period was 1.71% / day.
What is BitTorrent 3rd biggest bull run ?
BitTorrent 3rd biggest bull run started on Mar 13th, 2020 and ended on Aug 18th, 2020.
During this time, the price of BitTorrent increased from 0.0002 USD to 0.0005 USD, resulting in a return of 197.7 %.
Average compounded daily increase of price during this period was 0.69% / day.
Returns of previous BitTorrent bull runs
In the following table you can see the previous BTT bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of BitTorrent
See BitTorrent past bull and bear markets in the chart below:
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