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⚡️NEWS: MICROSOFT SHAREHOLDERS VOTE AGAINST PROPOSAL TO INVEST IN BITCOIN, ACCORDING TO PRELIMINARY DATA MICROSOFT SHAREHOLDERS HAVE NOT APPROVED BITCOIN AS A RESERVE ASSET
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Bitcoin. Gold. Ethereum
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In any case, something completely strange happened in the market. In a large, relatively mature market, we witnessed a cascade of large sell orders that led to a market drop of more than 5% on BTC and even more on Alta. We don't know exactly what happened, but it's definitely unusual. These sales orders are not considered normal. Something happened in the market. It may be worth monitoring this situation over the next few days. Maybe it's not the end yet. Perhaps some major player was forced to sell, knowing that "tomorrow will not come". I even wonder what he is preparing for?
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Do you know what's interesting? Here for comparison: Bitcoin, HRP and Ethereum. We see that investors act differently when it comes to these three cryptocurrencies. It is important that after the fall it was on Ethereum that the strongest pressure from buyers arose. Even HRP turned out to be more attractive to buyers. But in the case of Bitcoin, we even saw a weakening of the buying pressure after the price recovery.
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Of course, the biggest fall was not caused by this, but by the cascade of liquidation of credit positions. But these insider sales were crucial in pushing cryptocurrency prices into the area where overleveraged positions were forced to close/liquidate.
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Peluang Pemegang Saham Microsoft untuk Memilih Investasi Bitcoin Turun Menjadi 9%
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