Bitcoin Futures Volumes Hits 2-Week High…
I’m getting excited…the halving is less than 40 days away now and things are looking really good for Bitcoin…
Bitcoin Futures Volumes Hits 2-Week High as Buyers Pile Back Into BTC
Investor confidence has returned in record time, despite the ongoing uncertainty afflicting traditional markets over coronavirus. Analysts believe that Bitcoin initially suffered from the epidemic as investors sold funds to cover losses in stocks and elsewhere.
For some industry participants, current price action at $7,000 was just a foretaste of what is to come.
Jonathan Leong, co-founder and CEO of trading platform BTSE, said he was “bullish” on the future. He summarized on Twitter:
‘#Bitcoin showing extraordinary resilience in what could possibly be the worst economic crisis yet, and it’s just getting started!'”