Bitcoin Bull

Orlando Bravo– private equity firm owner and multi-billionaire– is highly supportive of cryptocurrency. He recently discussed what makes the asset class so unique and why he has personally invested in Bitcoin. Bravo on Bitcoin: "I'm Very Bullish" Bravo expressed his faith in cryptocurrency in a recent interview with CNBC. He says that it's "absolutely" here to stay and praises it as a way to dodge high inflation and transaction fees. How could you not love crypto? Look at the movement. Aren’t…

Bitcoin has been range-bound since a massive sell-off hit the crypto market through April and May of this year. That retracement wiped out about $1 trillion from the combined market cap of cryptocurrencies and saw BNB, XRP, and DOGE shed approximately 50% off their recent peaks. However, that bearish trend reversed this past week after BTC bulls managed to flip the $30K resistance into support. Although the world's first crypto started the week on a muted note that saw it…