Legendary BTC Trader John Bollinger Issues Bullish Bitcoin Statement By U.Today
From Investing.com:
Legendary BTC trader John Bollinger issues bullish Bitcoin statement, sharing an optimistic tweet about the cryptocurrency’s future. Bitcoin price surged by 5.52% to pass the $42,000 mark before falling back to $41,429. Since Feb. 23, Bitcoin has seen a significant 7.86% increase from $38,705. Coin traders have been selling to purchase Bitcoin ETFs. Grayscale ETFs, launched by Wall Street hedge funds like BlackRock and Fidelity, have gained popularity. However, the Grayscale Bitcoin Trust ETF recently suffered losses, with customers withdrawing their Bitcoin from the Trust. 1 billion USD of Bitcoin has moved to Coinbase Institutional in the past 24 hours. Similar amounts have been withdrawn in 13 separate transactions. Whales have increased their Bitcoin activity as BTC starts to rise again.
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