MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC
Global crypto hedge funds have also been buying the dip, signaling a potential Bitcoin “supply shock” as BTC exchange reserves sink to levels last seen in 2018. Go to Source
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Global crypto hedge funds have also been buying the dip, signaling a potential Bitcoin “supply shock” as BTC exchange reserves sink to levels last seen in 2018. Go to Source
Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin’s price. Go to Source
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely. Go to Source
Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles. Go to Source
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark. Go to Source
“Often the crowd unanimously call the dip/bottom earlier than the actual dip and the real bottoms forms when the crowd least expects which is represented by low to no mentions in Buy The Dip,” K J Lanaul wrote. Go to Source Powered by WPeMatico
As everyone knows, bitcoin has dropped roughly three-fold from its December peak. At the height of the mania it touched $20,000 but has since fallen to as low as $6,000. The question of what caused the great decline is one that most bitcoiners have an opinion on. In a bid to settle the matter once … Read more