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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Bitcoin price dip to $92.5K caused by Fed interest rate concerns: Analyst
Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin’s price. Go to Source
Bitcoin could end year at $58K as futures market ‘overheated’ — CryptoQuant
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
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
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
Analysts warn of further Bitcoin downside – could BTC revisit $42k?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark. Go to Source
Few calls to ‘Buy The Dip’… but uber-rich Family Offices are keen on crypto
“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
Data Reveals the Reasons Behind Bitcoin’s Big Dip
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