bitcoin While the price failed to hold on to its partial peak on Tuesday, the Winklevoss brothers, CEO of Gemini, one of the world’s largest crypto money exchanges, made a statement about Bitcoin.
Tyler Winklevoss: “Bitcoin Is A Revolutionary Technology Like No Other”
Tyler Winklevoss, in the message he shared with 1 million followers on Twitter, said, “It is not a horse that wins Bitcoin, it is a flying car.”
With this word, Winklevoss actually referred to Henry Ford, who was the first to mass-produce automobiles.
Before producing cars, Ford asked people what innovation they wanted in the field of transportation, and people answered, “We want faster horses.”
Winklevoss also underlined that Bitcoin is a unique and era-breaking technology with his tweet.
Bitcoin is not a faster horse; it is a flying car
— Tyler Winklevoss (@tyler) February 1, 2022
However, the Bitcoin price is having difficulty surpassing the $40,000 threshold, which is a critical level according to some technical analysts.
At the time of this writing, BTC, which was traded at around $ 37,500, is approximately 40% lower than the record $ 69,000 it broke in November.
Noelle Acheson, executive director of Genesis Global Trading, cryptocurrency Commenting on the market, he said: “There is a heavy uncertainty signal in the cryptocurrency derivatives market. Although the indicators are in the neutral zone, the trend is negative. The market is currently in a ‘wait and see’ mood. In the short term, I can’t say that I think in favor of the bull yet because the mood in the market can change very quickly.”
*Not investment advice