#CryptoUsersHit18M This news fueled optimism among investors, expecting this move could increase demand and legitimacy for Bitcoin,” said Bernegger.

“Additionally there have been large transactions moving Bitcoins off major exchanges, reducing the available supply which typically leads to price increases,” he stated. “This weekend alone, over 27,000 Bitcoins were moved from exchanges.”

“Another positive news was the addition of MicroStrategy, a major corporate holder of Bitcoin, to the Nasdaq 100 index,” Bernegger indicated.

Nasdaq recently announced that the company would be part of the aforementioned index as of December 23