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Bitcoin Investors See $21-22K As New Interest Level – FED to Announce New Interest Rate
The major storyline of 2022 so far, the freefall of Bitcoin, continues, with the world’s largest crypto having lost 58% of its value since January 1st. With Bitcoin trading at an 18-month low, hovering below $21,000 at the time of writing, investors have identified the $21-22k range as a new interest level.
Despite the rampant downtrend, retail buyers have persisted in their accumulation of $BTC. On-chain data from Santiment shows that Bitcoin whales are of a similar mind to investors in having a more profound interest in Bitcoin at the $21K-$22k level.
As Bitcoin dipped under $21k, whales went on an accumulation spree. Santiment reports that Bitcoin whales executed over 12,960 transactions with values...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...