Bitcoin operated down on Monday (21), in a correction movement that has been consolidating since last week, after cryptocurrency reaches historical maximum due to expectations of approval of US laws favorable to the sector.
Last Friday (18), US President Donald Trump ,.
In the late afternoon, Bitcoin retreated 0.89%, to $ 117,414.11, while Ethereum lasted 0.02%, to US $ 3,750.16, according to Bian prices.
the price of Bitcoin has been retreating, suggesting absorption by buyers, says Ripio’s technical analyst and partner trader Ana de Mattos.
If discharge is resumed, the cryptocurrency price may seek short and medium -term targets from US $ 121,480 and $ 125,000. However, if the price captures the liquidity being formed in the back, Bitcoin may be in the $ 116,000 and $ 111,500 lanes, adds the analyst.
After week considers historical for digital assets, Microstrategy – the world’s largest corporate holder in the world – announced today that he had acquired more digital tokens from July 14 to 20.
The company added 6,220 bitcoins to its participation, raising the total to 607,770 tokens purchased for an aggregate price of about $ 43.61 billion.
In the industry radar, and related titles as part of its previously announced treasury strategy.
