Iṣẹ iṣe Bitcoin ni a nireti lati Dara si ni Kọkànlá Oṣù: Oluyanju

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Bitcoin (BTC) continues on its bullish spree on Thursday as it prepares to take $15,500. Since the modest dip yesterday, more than $24 billion has flowed into the market with most of it going into BTC.

The benchmark cryptocurrency’s market dominance has now exceeded 65%, indicating that there is no appeal for altcoins at the moment.

Also, according to data collected by Willy Woo (which was reported in a previous analysis), November has been a profitable month for Bitcoin 70% of the time.

Meanwhile, it can be noticed that more institutional investors have been coming aboard BTC over the past few months. MicroStrategy was one of the big names that delved into Bitcoin in 2020, with a purchase of $425 million worth of BTC. Subsequently, the CEO of the company, Michael Saylor, disclosed that he holds 18,000 BTC.

Furthermore, it was revealed that a total of 36% of institutional investors owned either Bitcoin or other cryptocurrencies. About 26% of that number have announced that they will be increasing their exposure.

That said, it would seem that the most recent rally was largely driven by ‘smart money.’ Itis expected that retail investors will finally pick up, however, spectators worry that it might be too late soon.

BTCUSD - apẹrẹ 4-Aago

Awọn ipele BTC bọtini lati Ṣọra ni Akoko T’o sunmọ - Oṣu kọkanla 5

Bitcoin is unrelenting in its quest to retest its all-time high at $20,000. Meanwhile, the cryptocurrency has recorded yet another YTD high at $15,324 just a few hours ago.

BTC is riding the election-induced weakness surrounding the US dollar (DXY), coupled with its recent institutional adoption.

That said, expect a mild dip to the upper-$14,000 level. However, traders are still advised to remain on the sidelines given the volatility in the market.

Lapapọ olu-ọja: $ 428 bilionu

Olu-ọja ọja Bitcoin: $ 280 bilionu

Ijọba Bitcoin: 65.4%

akiyesi: Kọ ẹkọ 2. Iṣowo kii ṣe onimọran owo. Ṣe iwadi rẹ ṣaaju idoko-owo awọn owo-inọn rẹ ni dukia inawo eyikeyi tabi ọja ti a gbekalẹ tabi iṣẹlẹ. A ko ṣe iduro fun awọn abajade idoko-owo rẹ.

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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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