Still, current price levels – $25,720 at press time – provide a buying opportunity for investors with a longer time horizon, according to Lunde. “This is, by all accounts, a buyer’s market, and it’s reckless not to aggressively accumulate BTC at current levels,” he said.
Related posts
-
Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million
Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level.... -
Bitcoin miner Hut 8 secures $150m funding to build AI infrastructure platform
Bitcoin mining giant Hut 8 announced a $150 million strategic funding from Coatue to emerge as... -
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
Ethereum’s price stands at $3,311, with a market capitalization...