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Bitcoin Price Today: BTC Locks In a Three Month Win Streak Last Seen in 2012, and Crypto’s Sharpest Wallets Are Already Looking Past It

Only once before has the bitcoin price done what it is about to do this month, and that was in 2012, back when a coin cost about $10. BTC trades at $83,843 today, down 2.75% in 24 hours per CoinDesk, after gaining 4.8% in July and 25.2% in August with September up 10.9%, a three month winning streak seen once before. It is now 33% above its mid August low of $62,900.

This analysis covers where BTC stands after the streak, what the options market expects into Friday, and Pepeto, an exchange token whose platform is already live while its presale is still open, with $11.05 million raised.

Bitcoin Price Streak Proves the Early Whales Right as ETF Money Keeps Arriving

The 2012 streak broke in October with a 9.7% drop, and from that low BTC ran more than 2,000% in 165 days, CoinDesk reported. This time the buyers are institutions. Spot ETFs have taken in over $5.5 billion since August per SoSoValue, $1.7 billion of it in two days this week.