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The first chart depicts the five-year price history of Bitcoin and the SPDR S&P 500 ETF Trust (NYSEMKT: SPY), an exchange-traded fund (ETF) that performs in accordance with the S&P 500, which ...
The upper cluster has two roughly parallel curvy plots using S&P 500 Monthly $ MAXIMUM values for the upper line and $ MINIMUM values for the lower line 1/1950 to latest on chart. The upper cluster has 2 straight lines a Best Fit Upper, and Best Fit Lower, which in effect represent one line with thickness or separation, value see chart legend.
According to historical data at Investing.com, Bitcoin’s price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011. Then in February, it crossed $1.
English: S&P 500 Index Logarithmic Chart's Interesting Features. While S&P 500 data to linear plot scale is good for analysis of a span of 2 or 3 years, beyond that a logarithmic S&P 500 chart is best because it gives the same Y or vertical displacement for a certain percentage move up or down regardless of date.
The Standard and Poor's 500, or simply the S&P 500, [5] is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an ...
"If we do get a bitcoin strategic reserve where the government is buying bitcoin … $200,000 bitcoin is going to be looking quaint. You're going to be looking at $300,000, $400,000, $500,000 bitcoin.
English: S&P 500 Index Logarithmic Chart's Interesting Features. While S&P 500 data to linear plot scale is good for analysis of a span of 2 or 3 years, beyond that a logarithmic S&P 500 chart is best. This is because it gives the same Y or vertical displacement for a certain percentage move up or down regardless of date.
Bitcoin traded at $0.00099 per bitcoin in late 2009, when $1 equaled 1,309.03 bitcoins. Those gains are wild but it bears repeating: Crypto is speculative. You could have lost the entire $1,000.