If you’ve been on Crypto Twitter, you know of AngeloBTC, what some would call a “legendary” Bitcoin investor. Indeed, prior to his effective retirement, he had over 3,000 BTC worth of registered notional profit on BitMEX, making him one of the most profitable traders on the platform. Ever.
While he has since bowed out of the cryptocurrency game, he continues to keep a close eye on the industry, occasionally tweeting his thoughts about the price of Bitcoin. Fortunately for long-term investors, it appears he’s bullish.
Bitcoin To Hit $30k? Top BitMEX Trader Thinks It Can
Yesterday was undoubtedly one of Bitcoin’s worst days ever; in fact, yesterday’s 40% loss was only second to the BTC price collapse in the wake of the collapse of Mt. Gox, then the largest and most important crypto exchange. At the drop’s worst, the cryptocurrency was down 50% in a single 24-hour period, falling from $7,700 to as low as $3,800. Read More...