2018-7-23 09:11 |
It appears this isn’t the case, as not only has bitcoin reached its previous mark, but most technical experts are of the sentiment that bitcoin will remain bullish for some time.
It is said that if bitcoin can spike beyond $ 7,600 in the short-term, the next big turn will be $ 8,500, implying that bitcoin will add $ 900 to its price rather quickly.
The source also claims that the currency will likely strike the $ 7,600 point rather shortly, allowing bitcoin to move towards $ 8,000 and then $ 8,500.
Another source also remains bullish on bitcoin but says the price jumps are likely to occur in shorter spurts than the previous article suggests.
We’re likely to continue witnessing price hikes, and the currency may very well end the year in the five-figure range, though it’s still unclear what the year-end price will be.
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