ביטקאָין נייַעס- As per the analyst, a new bottom is building for the next bull market in Bitcoin (BTC).
- ביטקאָין איז אַראָפּ 2.08% אין די לעצטע 24 שעה.
ענדרו קאנג, MicroStrategy’s new Chief Financial Officer, has shown a strong commitment to the company’s objectives so far. Previously, the company stated that it would not be selling any of its BTC holdings. A recent interview with Kang reaffirmed this plan amidst speculation.
More than 30 central bankers and 12 financial regulators from 44 countries gathered in El Salvador on May 15 to discuss how to increase financial inclusion and bank the unbanked via Bitcoin’s digital economy, President Nayib Bukele stated.
Bullish Wave Expected
The bear market is taking a toll on ביטקאָין (BTC). With Bitcoin’s price dropping below the critical $30,000 threshold, the crypto sector is under pressure. However, פּלאַנב, the originator of the stock-to-flow (S2F) model, says that the bear market is nearing its end. Because periods with the RPMA 1 and the Relative Strength Index 50 have historically been favorable opportunities to purchase, he is bullish. However, PlanB believes that RPMA and רסי may not return to their pre-crisis levels for some time.
According to a recent report from the analyst, a new bottom is building for the next bull market in Bitcoin (BTC). When PlanB tweeted that the bear market is nearing an end, the price was expected to begin increasing again. He thinks the present RPMA and RSI readings indicate that Bitcoin has hit bottom. However, a rebound might take from six to nine months to as little as two months. The Bitcoin is now trading sideways around the $29,000 mark.
לויט קמק, די ביטקאָין פּרייַז הייַנט איז $ 29,311.69 וסד מיט אַ 24-שעה טריידינג באַנד פון $ 28,014,297,765 וסד. ביטקאָין איז אַראָפּ 2.08% אין די לעצטע 24 שעה.
Source: https://thenewscrypto.com/bitcoin-btc-price-yet-again-falls-under-30k-mark-as-bears-takeover/