Performance Of BITCOIN In The Second Quarter, 2022

in #hive-1679222 years ago

This article summarizes the performance of BITCOIN price in the month of June – September, 2022.

For the month of June, 2022

For the month of June, the price of BITCOIN dropped below $30,000 during the ending part of June.

junechart.JPG

Only at the beginning of the month (June 4 - 10) was the price on the $30,000 range.

The maximum and minimum price of BITCOIN for the stated period can be seen below.

maxminjunebtc.JPG

For the month of July, 2022

For the month of July, it can be visualized that the price of BITCOIN dropped below $25,000.

julychart.JPG

The mean and maximum price of BITCOIN can be seen in the table below for the month of July, 2022.

maxminjuly.JPG

For the month of August, 2022

For the month of August, 2022 the price of BITCOIN ranged between $20,000 - $25,000.

augustchart.JPG

The table for minimum and maximum price of BITCOIN can be seen below.

maxminaugust.JPG

For the month of September, 2022

The price of BITCOIN dropped below $20, 000. Only on September (10 – 14) did the price of BITCOIN rose above $20,000.

septxchart.JPG

septmaxmin.JPG

Mean price of BITCOIN Versus Maximum Price

The mean and maximum price as seen in the chart was the highest in the month of June. With a maximum price above $30,000 and mean price of $23, 928.6

mean price of bitcoin.JPG

Conclusion

It is evident that the highest price of BITCOIN was discovered in the month of June. Due to the recent BITCOIN dip, it has been struggling to make its way up again above $30,000.

Thanks for reading.