The fourth halving of bitcoin happened, the price of the main cryptocurrency continues to trade near the support at the mark above $60 thousand. April was marked for traders by liquidations of $1.8 billion, after which a prolonged sideways trend began. The reason for the unexpected, but localized market reversal was the news from the Middle East region. The situation changed traders’ expectations on the… Read More »April 2024 results
Bitcoin continues to demonstrate its strength, reaching the $64k milestone. Even more interesting is its potential, as BTC is approaching all-time highs. Note that 13 years ago at this same time, bitcoin first breached the $1 price on the Mt․Gox exchange. Today, the amount of BTC that conservative investors buy through ETFs is 12.5 times the amount produced by the network in a single day.… Read More »February 2024 results
The month began with gifts for buyers and sellers at the same time. FUD around the news of ETF approval did not decrease for several months, familiarizing with the volatility rapidly arriving novices to the market. Finally, the issue was resolved with obvious approval of bitcoin trading for large funds. These companies have $17 trillion under management, which is 10 times the capitalization of the… Read More »January 2024 results