Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K

Long-Term Buyers Unfazed by Bitcoin's Recent Drop to K
Long-term bitcoin holders were unfazed by the cryptocurrency’s drop in the last few months.Prices for bitcoin fell to as low as $33,100 in the last week of January amid a falling sentiment for risk assets in the market, after beginning the year around the $47,500 mark. One of the biggest price drops came towards the end of January with bitcoin prices falling by $10,000 from Jan. 20 to Jan. 22., trading data shows.Since then the crypto recovered to the $38,800 mark, where it then saw resistance and then fell to the $36,800 level at the time of writing.Despite the drop…