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Bitcoin rose from $62k to $87k over six trading days, Caleb Franzen notes

Bitcoin rose from $62k to $87k over six trading days, Caleb Franzen notes
Bitcoin rose $25k in six trading days

Caleb Franzen highlights that Bitcoin experienced a move from $62k to $87k over a span of just six trading days, although the overall period covered 50 calendar days.

Franzen points to this rapid change as reinforcing the significance of maintaining time in the market when investing in cryptocurrencies.

Franzen previously noted that a $3.86 million investment in the S&P 500 could have grown to $30 million, significantly outpacing real estate returns over the same period (link). In a separate analysis, he observed that inflation peaked in 2022 and recent crude oil increases did not lead to broader price gains in the Consumer Price Index excluding energy (link). These posts reflect his focus on market performance across asset classes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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