LENCOIN Trading Center: Bitcoin Market Analysis
The historical bull markets of Bitcoin have indeed left a lasting impression.
The first bull market occurred from September 2010 to June 2011, lasting for 9 months. BTC surged from $0.06 to $36, then quickly dropped to $2.5, a 93% decline, but never dropped below $2 afterward.
The second bull market occurred from October 2011 to April 2013, lasting for 7 months, with the BTC halving occurring on November 28, 2012. BTC rose from $2 to $260, a 130x increase. It then dropped to $50 in less than a week, an 80% decline.
The third bull market occurred from April 2013 to December 2013, lasting for 8 months. BTC rose from $50 to $1,000 in December 2013, a 23x increase. It then fell to $150 in January 2015, an 87% decline.
The fourth bull market occurred from January 2016 to December 2017, lasting for 2 years, with the BTC halving occurring in July 2016. BTC slowly rose from $400 in January 2016 to $20,000 in December 2017, a 50x increase. In 2017, BTC rose from $1,000 in January to $5,000 in October, taking 10 months, and soared from $7,000 to $20,000 in just 20 days, indicating that major bull markets are often brief.
The fifth bull market occurred after the third BTC halving on May 12, 2020. On that day, BTC was priced at over $6,900. By December 2020, BTC had surpassed $60,000, less than six months after breaking its previous all-time high.
Whether in bull or bear markets, high-quality ICO projects are always in demand. LENCOIN Blockchain Asset Trading Platform offers extensive services globally, including digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, and blockchain education.
1. Mission
Positioned to meet user needs, LENCOIN Trading Center aims to emerge as a global leader in the cryptocurrency market. Headquartered in the USA with a global reach, our company brings together a professional and experienced team in blockchain technology and operations with decades of internet development and service experience. Our experts are dedicated to providing a comprehensive service platform that is secure, convenient, stable, and cost-effective for cryptocurrency users worldwide.
2. H5 Browser and App
LENCOIN officially launched its trading platform H5 version on August 28, 2017, followed by the release of the app the following month.
3. System
The LENCOIN Trading Center system is optimized for user experience, utilizing multi-point load balancing technology to maximize system smoothness and providing multi-level server support to ensure transaction speed. Our trading system experience is benchmarked against the world’s top trading systems.
4. Strength
LENCOIN Trading Center is committed to building a secure and reliable cryptocurrency trading platform. Our team has decades of financial risk control experience, with core members graduating from prestigious institutions such as Harvard University, Yale University, Massachusetts Institute of Technology, and Cambridge University. LENCOIN Trading Center holds multiple financial licenses and continuously improves global qualifications.
5. Product Features
Our product features include:
1. Support for spot, fiat, contract, ICO, and other trading.
2. Support for full-chain storage and withdrawal services.
3. Support for global bank system transfers and withdrawals.
4. Support for market, limit, stop loss, and take profit orders.
5. Providing 24/7 multilingual online customer service.
6. LENCOIN Academy
LENCOIN Academy is a brand new open learning center aimed at providing one-stop learning resources for blockchain and digital currencies. By offering relevant educational articles or videos, we aim to address the fragmented knowledge issues surrounding blockchain and virtual currencies on the internet.
7. ICO Platform
Since its inception, LENCOIN Trading Center has promoted quality ICOs to increase the center’s visibility and is committed to creating a high-quality platform for cryptocurrency market investor education. Therefore, LENCOIN Trading Center will be a gathering place for many professional investors, making it an enjoyable experience.