From Investing.com: 2024-06-29 11:00:19

Entrepreneur David Portnoy plans to buy more Bitcoin when the price drops below $50,000. Long-term holders are selling off Bitcoin as the price declines. In May 2024, they sold off $10 billion worth of BTC. Despite recent challenges, Bitcoin is struggling to climb back above $70,000.

Read more at Investing.com: Bitcoin For $40,000? David Portnoy Shares New BTC Strategy By U.Today