Besides that, early adopters continue to invest in the “digital gold.” This week, MicroStrategy, one of the biggest holders of Bitcoins, announced it had purchased a further 253 coins recently.
Because Bitcoin is the most important of them all, one may assume that the vast majority of those clients have also traded Bitcoin at one point during the quarter.
From a technical perspective, the price action remains bearish.
Mircea, MBA in International Business graduating Magna Cum Laudae, trades for a living and contributes to various financial publications for more than six years.
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