Bitcoin recovered some of the gains made earlier this week, losing 2.7% in the last 2 hours to $20.3,000. Ethereum, which previously rose more actively, is now actively correcting, falling 3.5% to $1,500. Total crypto market capitalization is down 2.5%, with top altcoins losing 1.7% (BNB) to 10% (SHIB) over the past 2 hours. Bitcoin corrects after touching the $20,8000 area, but the price above the previous local highs and the 50-day moving average leaves us in a near-term bullish scenario. dogecoin Dogecoin (DOGE), Elon Musk’s favorite coin, has risen 35% in the past three days, reacting to the news of his purchase of Twitter in hopes of being bought on the social network. On the other hand, general market pressure prevented the Doge from breaking above its 200-day moving average, causing a wave of profit to fall 7% on Friday. News Background Long-term investors (HODLers) now control the most significant amount of BTC since October 2015, according to CryptoQuant. This is a positive sign, as they tend not to sell crypto products even during market turbulence. The founder of Real Vision Raul Pal said that the crypto market will grow 300 times to $ 300 billion in ten years. He said that the cryptosphere is already full of venture capital investments, although the bigger players are concerned about regulatory issues. According to , Bitnodes, five countries – the United States, Germany, France, the Netherlands and Canada – are responsible for the most significant number of nodes that make up the bitcoin infrastructure. The Russian Federation is in ninth place with 178 nodes (1.2%).