Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000.
The uptrend began in early September after buyers bought a dip below $10,000, and gathered pace in the second half of October.
Last week, prices reached a high of $15,971, a level last seen in January 2018. That’s a 63% price gain in eight weeks, according to CoinDesk’s Bitcoin Price Index.
Over 2018 and 2019, bitcoin often languished below $10,000, struggling to recover…