BTBT - The Week In Crypto - January 17th To January 23rd
- Bitcoin prices faced their first adversity of 2021,with a correction of approximately 20% before rebounding strongly by Friday morning.
- Much like junior gold miners trading in sympathy with gold but in a more volatile fashion, most BTC miners had a wild week and traded sharply lower.
- The few publicly-traded mining equipment makers avoided the same declines of the miners themselves and held steady, after underperforming the miners so far in 2021.
- Michael Saylor doubles down on Bitcoin and predicts a coming "avalanche" of companies following MicroStrategy's move of putting treasury assets into Bitcoin.
- What to watch for in the week ahead.
For further details see:
The Week In Crypto - January 17th To January 23rd