Business is booming.

This Was A Great Week To Buy Bitcoin

0 162


While most people reading this article are likely aware of the tweets that were sent out by Elon Musk on Bitcoin mining, his comments are simply noise, and the resulting price crash and derivative market liquidations provide investors who may have been waiting for an attractive moment to enter positions with a great opportunity.

The long-term trends observable in and around the Bitcoin space remain extremely bullish, and the recent three-month consolidation can be thought of as UTXOs simply transferring from weak hands to strong ones, as short-term leveraged traders in derivatives markets have chopped the price of bitcoin in the range of $44,000 to $64,000.



Read More: This Was A Great Week To Buy Bitcoin

2021-05-15 22:00:00

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Watch Sky News