Social Media Sentiment
Social Media Sentiment
Wrapped Bitcoin bull market cycles - historical perspective of WBTC bull runs
In this overview, we will show the previous bull runs of the Wrapped Bitcoin cryptocurrency, including statistical analysis of WBTC 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%.
Wrapped Bitcoin has experienced 5 bull markets in the past, see chart below:
What is Wrapped Bitcoin biggest bull run ?
Wrapped Bitcoin biggest bull run started on Mar 13th, 2020 and ended on Apr 14th, 2021, lasting for 397 days..
During this time, the price of Wrapped Bitcoin increased from 4842.8395 USD to 63491.1105 USD, resulting in a return of 1211.0 %.
Average compounded daily increase of price during this period was 0.65% / day.
What is Wrapped Bitcoin 2nd biggest bull run ?
Wrapped Bitcoin 2nd biggest bull run started on Apr 2nd, 2019 and ended on Jun 27th, 2019, lasting for 86 days.
During this time, the price of Wrapped Bitcoin increased from 3139.1733 USD to 12954.9930 USD, resulting in a return of 312.7 %.
Average compounded daily increase of price during this period was 1.66% / day.
What is Wrapped Bitcoin 3rd biggest bull run ?
Wrapped Bitcoin 3rd biggest bull run started on Jul 21st, 2021 and ended on Nov 9th, 2021.
During this time, the price of Wrapped Bitcoin increased from 29890.0247 USD to 67589.6074 USD, resulting in a return of 126.1 %.
Average compounded daily increase of price during this period was 0.74% / day.
Returns of previous Wrapped Bitcoin bull runs
In the following table you can see the previous WBTC 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 Wrapped Bitcoin
See Wrapped Bitcoin past bull and bear markets in the chart below:
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Selection of past news on the topic of bull market and Wrapped Bitcoin
Interesting Reddit posts about bear market and Wrapped Bitcoin
We collect interesting Reddit posts about Wrapped Bitcoin in connection with bear market, here is our selection of posts:
Bull/bear and other reports for other cryptocurrencies
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BittsAnalytics, developed by the company Alpha Quantum, is a leading analytics platform for cryptocurrencies, delivering social sentiment and other cryptocurrencies data since 2017.
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