Bitcoin buying activity remains weak despite several oversold signals on the charts. Prime Trust Chief Financial Officer Rodrigo Vicuna discusses his take on the potential catalyst behind BTC's short-term downtrend and the possible impact of mining on price movements. Is a "Santa Rally" still possible? Plus, reactions to MicroStrategy (MSTR) buying more bitcoin, now hodling over 122K BTC in total valued at $6 billion.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk...
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104...
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv...
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B...
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.