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Bitcoin Recovers After MicroStrategy Purchase, Falling Wedge Pattern Forms, and When the Last Bitcoin Will be Mined

June 29 (Cointime) - Bitcoin has shown a rise of 2.24% and hit the $30,700 zone, but has since slipped back to $30,562 on the Bitstamp exchange. Crypto trader Scott Melker has posted a BTC/USDT chart on Twitter, showing a Falling Wedge pattern forming, which is likely to push the asset's price to the North.

Software intelligence giant MicroStrategy has purchased another hefty stash of Bitcoin, spending $347 million to grab 12,333 BTC, bringing their total digital wealth to $4.5 billion.

Bitfinex exchange has revealed that miners still have 117 years before the very last Bitcoin is mined, with the last BTC generated as late as 2140.

Bitcoin Bitcoin $94,509.74
-2.89%
Bitcoin MicroStrategy
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