Bitcoin Price Prediction As ‘’Paranoid’’ Bitcoiners Slam Michael Saylor For Backing ”Too Big to Fail” Banks And Traders Pivot To This Presale Offering 1,738% APY
The Bitcoin price fell 2% in the last 24 hours to trade at $67,431 as of 03:27 a.m. EST on trading volume that surged 44% to $37.8 billion. This comes as Bitcoiners slam MicroStrategy co-founder Michael Saylor over comments that recommend Bitcoin custodianship through “too big to fail” financial institutions, a shift from his earlier stance in support of self-custody. In an October 21 interview with financial markets reporter Madison Reidy, Saylor suggested that Bitcoiners have nothing to lose by transferring their BTC to institutions. An investor who thinks that state-sanctioned Bitcoin seizure is possible is a “paranoid crypto anarchist,” he said. Bitcoin Price Indicators Still Support A Bullish Rally The Bitcoin price has been in a consolidation phase since August, as the bulls have continuously struggled to push BTC above the $65,400 resistance, according to data from GeckoTerminal . BTC recently broke out of the sideways pattern, with the token aiming...