Bitcoin's upwards momentum in jeopardy, the cryptocurrency has been significant to continue and is now nearing the low-$ 8,000 region, which is significant at the time
Now, analysts believe that Bitcoin may have more fuel in it that allows it to surge towards $ 10,000 in the near future, which would be a significant technical movement for the cryptocurrency.
Bitcoin ( BTC) Nears $ 8,000 … Again …
At the time of writing, Bitcoin is trading at nearly 8% at its current price of $ 7,915, up significantly from its 24-hour lows of $ 7,250.
Over a one-week period, BTC has taken some choppy price action, surging from lows of $ 6,800 to highs of $ 8,300 before reeling back to below $ 7,000.
The recent series of upwards movements have led to a drastic shift in market sentiment, as many analysts and traders alike are
Joseph Young, a popular figure within the cryptocurrency industry, has told his nearly 1
"Bitcoin dropped to $ 6,400 on May 17 triggered by a 5,000 BTC sell order on Bitstamp that led to massive BitMEX liquidations.
Bitcoin dropped to $ 6,400 on May 17 triggered by a 5,000 BTC sell order on Bitstamp that led to massive BitMEX liquidations.
– Joseph Young (@iamjosephyoung) May 19, 2019
Analyst: BTC May Be Heading Towards $ 10,000 Next
Crypto Rand, a popular cryptocurrency analyst on Twitter, concisely noted in a recent tweet.
Crypto Rand, a popular cryptocurrency analyst on Twitter, concisely noted in a recent tweet
"Bitcoin heating up for $ 10K," he told his followers.
– Crypto Rand (@crypto_rand) May 19, 2019
As the weekend wraps up and the fresh week begins, traders will likely gain more insight into the early stages of bullish life.
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