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The sell-off in March presented plentiful opportunities for long-term investors to accumulate...
The sell-off in March presented plentiful opportunities for long-term investors to accumulate Bitcoin and other major cryptocurrencies at discounted prices. Long-term investors often express their belief and confidence that Bitcoin can revolutionize the financial system in the future. Thus, the potential to generate significant returns over the long-term.
Long-term holders are believers in its technology and are immune to price volatility. As such, investors could continue to accumulate undervalued Bitcoins because it is still viewed as a hedge against the current global macro environment.
* Historical daily returns of BTC
* Historical volatility across macro assets
* Spot volumes increased against futures
* Futures to spot volumes in March
* Traders capitalized on arbitrage opportunities
* Are crypto-markets oversold?