- CryptosRUs predicts Bitcoin’s potential surge to $140k in 18 days.
- Michael Saylor’s MicroStrategy recently purchased 12,600 BTC worth $842 million.
- VanEck temporarily cut its Bitcoin ETF’s management fees until March 2025.
In a recent YouTube video, analyst CryptosRUs hinted at Bitcoin’s bullish rally to $140,000 in just 18 days. The crypto researcher based his analysis on Michael Saylor’s recent purchase of Bitcoins and the temporary drop in VanEck’s Bitcoin ETF HODL.
#Bitcoin To $140,000 in 18 Days? Why There is a Chance… https://t.co/ghH8XGxLqC— CryptosRus (@CryptosR_Us) March 12, 2024
Bitcoin has been riding on a positive track since the launch of Spot Bitcoin ETFs, despite significant fluctuations. The cryptocurrency, currently trading at $71,634, has hit new all-time highs, surging past the previous high of $69,044. Over the past week, Bitcoin has shown a notable 6.55% surge, with over a 4% uptick in the last 24 hours.
In a recent turn of events, Saylor’s MicroStrategy accumulated 12,600 BTC worth $842 million, bringing its total Bitcoin portfolio to 193,000 BTCs. Last month, the company bought 3000 Bitcoins at an average price of $51,81…
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