Stefan Thomas Is Okay with the Recent Loss of His BTC Fortune | Live Bitcoin News
published: 4 days ago
Stefan Thomas cannot access his $250 million bitcoin fortune, but he appears to have made peace with his devastating situation.
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The leading cryptocurrency climbed up to $18,208 and ended the seven-day period with a 1.2 percent loss. The coin managed to compensate for some of the losses in the evening, but could not avoid closing with a loss to $18,762 and at the same time dropping below the weekly/daily resistance. Then on Sunday, December 6, it continued to grow and closed the week at $19,389. It closed the week with a 2.8 percent price increase and was once again targeting the psychological level of $600. On Thursday, December 3, the leading altcoin hit the weekly resistance at $620, but once again failed to close above it. We did not see any major changes in the price on Sunday, December 6 and the coin continued to hover around the horizontal line. The XRP/USD pair closed on Sunday, November 29 with a short red candle to $0.605 after successfully re-taking the monthly horizontal support during the previous session. It ended the week with a 35 percent price increase and formed a weekly candle above $0.5 for the first time since November 2018. Bulls were once again targeting the next daily/weekly resistance at $0.70 while their preferred altcoin ended November 177 percent up. The weekend of December 5-6 started positively for buyers as they managed to once again turn the tide, at least temporarily.