Question #182 ·
How has Bitcoin’s price moved over the past two weeks?
- Bitcoin fell sharply initially throughout the two week span losing over ten percent then recovering slightly modestly
- Bitcoin started at $111,263 dipped to $107,012 mid period then rallied significantly to $114,342 before a correction Right answer
- Bitcoin rose steadily without any significant dips closing each day higher throughout the fortnight despite low trading
- Bitcoin was range bound between $110,000 and $112,000 for most of the two week period trading steadily
Why is this the correct answer?
This is correct because it accurately follows the two-week price trajectory: an initial level of $111,263, a dip to $107,012 around October 17, a strong rebound peaking at $114,342 on October 27, and a minor pullback thereafter. Understanding these fluctuations helps beginners see how Bitcoin can experience both downturns and sharp recoveries within a short span, illustrating its volatility and resilience.