
Bitcoin Price Shoots Past $57,000 First Time in Two Years, BTC ETFs Record Massive Volumes
BTC whales have been on a buying spree with MicroStrategy adding 3,000 Bitcoins to its kitty on Monday. Bitcoin ETF trading volumes hit all-time high.
BTC whales have been on a buying spree with MicroStrategy adding 3,000 Bitcoins to its kitty on Monday. Bitcoin ETF trading volumes hit all-time high.
It isn’t only SCB that is bearish about Bitcoin. Serial investor Mark Mobius stated that he believes Bitcoin would fall to $10,000 in 2023.
Despite the glimmer of hope in BTC and ETH rally, analysts and investors alike, remain unconvinced about its sustainability.
The recent price behaviors of Bitcoin have shown that it has a very good penchant for growth.
Crypto crashed as Black Friday sales kicked off. The analyst urges investors to be on guard as Bitcoin price could affect the broader market.
Bitcoin is known to be obnoxious with its crazy price changes. However, it has time and again proven to overcome all the lows to achieve higher peaks, demonstrating its value in the world.
Investor Raoul Pal notes that institutional purchases are storing Bitcoin in cold storage creating a supply squeeze. This will propel BTC price to new highs with a wide gap in demand and supply.