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Bitcoin Up 33% in 90 Days but Still Down 30% Year-on-Year

Original: Bitcoin Is Up 33% in 90 Days but Still Down 30% From Last Year: Who’s Still Facing Losses?

Bitcoin has climbed roughly 33% over the past 90 days, yet the price remains about 30% below where it stood a year ago. That means many investors who bought during last year's higher levels are still sitting on losses, even as the recent rally lifts shorter-term holders back into profit and renews debate about the outlook.

Why now: The sharp recent rally has traders weighing whether a sustained recovery is underway while long-term holders remain underwater.

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