How was Bitcoin's performance in February!
Assalamu Alaikum
how are you all
Hope everyone is doing well,
Today is March 1st, today we will know how Bitcoin fared last February.
So let's start today's post,
We all know that Bitcoin always performs very well in the month of February. If you analyze other months of the past, you can see that the Bitcoin market has deteriorated only in the month of February. The extraordinary performance of Bitcoin in 2024.
Bitcoin has returned more than +43% in the last 30 days, according to CoinGecko data.
This is the highest return month for Bitcoin since December 2020!
If you look at the price of Bitcoin at the beginning of February 1st and at the end of February 29th, you will be surprised.
Because Bitcoin has given huge profits only Bitcoin Holder will understand,
At the beginning of February, the price of 1 Bitcoin was $42,569.76 and at the end of February 29, it was $63,447.21. The price of Bitcoin has increased by more than 21 thousand dollars in 1 month, even ALT Coins are starting to pump now.
Today Solana pumped from $111 to hit $134 in 1 day, which is seen to pump like +18%, also pumping other ALT Coins, and some ALT Coins are getting ready to pump,
Halving is just 51 days away, before Bitcoin is gearing up for the BullRun.
Bitcoin mining will be halved by Halving, currently Mining is done according to 6.25 Reward, such as a total of 950 Bitcoins can be mined per day, after Halving Bitcoin mining will be halved then the total mining will be 475 Bitcoins per day,
This will reduce the Bitcoin Sell Pressure by half, it will pump the market,
I think if this pump can hold, very soon Bitcoin will touch its all-time high.
Last November 10, 2021 was a historic day for Bitcoin because on this day Bitcoin created its All-time High which is $69,044.77.
Bitcoin needs to pump another +11.9% if it wants to touch its all-time high.
This means that now Bitcoin is -11.9% down from its all-time high, we all expect Bitcoin to break its past record.
Bitcoin gave +43% return in February, how much % return it can give in March, please comment!
This was my post for today. Be well everyone, I'm ending here today. Be well everyone! Allah Hafez! </
It was one of the best month in last 2 years for the Bitcoin price performance so it was a great one
Right
Great article, indeed this has been a wonderful month for bitcoin no doubt
Thanks bro
It was very wonderful time for every investors. In march I hope Altcoin give us massive profit. Thanks for sharing.
Right
Your article is very good. Nicely explained about bitcoin. I hope you write articles like this in the future.Thank you.
Thanks bro
February was really a great month. for Bitcoin
A very nice explanation about Bitcoin in February. You really had a great month. I am also surprised to see this month's performance. Thank you and hope to benefit you in the future.
Thanks bro