Bitcoin 2024 Lowest Price Date Analysis
When analyzing Bitcoin\“s 2024 lowest price date, market data shows significant volatility throughout the year. The cryptocurrency experienced several major price corrections, with the lowest point occurring in January 2024 when Bitcoin dropped to $38,500.This price bottom was influenced by multiple factors including regulatory concerns, macroeconomic pressures, and profit-taking by large investors. The January low represented a 25% decline from the previous month\“s high, creating buying opportunities for long-term investors.
Following this lowest price date, Bitcoin gradually recovered throughout Q1 2024, with prices stabilizing above $45,000 by March. Technical analysis indicates strong support levels formed around the $38,000-$40,000 range during this period.
页:
[1]