Will Bitcoin's price continue to fall? Data indicates investors are accumulating; understand

This Friday, 1/11, bitcoin and many of the main cryptocurrencies in market value are trading “in the red”. After a positive movement that took bitcoin to the range of US$ 73 thousand, close to its historical maximum, the largest cryptocurrency in the world is now retreating.

At the moment, bitcoin is quoted at US$ 68,406, with a drop of approximately 3% in the last 24 hours, according to data from CoinMarketCap. In the last seven days, the cryptocurrency has accumulated a drop of 2%.

Despite this, the current correction in the price of bitcoin should not affect the upward trend for the cryptocurrency in the long term. Data shows that investors may be accumulating their units of the cryptocurrency, without the intention of selling at the moment.

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