3 Reasons Bitcoin Will Race Toward a New Record High at $20,000

2019-5-4 00:10

By CCN: The bitcoin price surged as much as 7. 60-percent on Friday to establish a new 2019 peak at $5,796. 93. The uptrend pushed bitcoin’s year-to-date rally to an impressive 54. 08-percent.

At the same time, it brought the asset’s total recovery to an astounding 82-percent and set the cryptocurrency well on its way to a fresh record high. Here are three factors that indicate the bitcoin price has not only found a bottom but is also well on its way to smashing through the $20,000 peak it set in late 2017. Reason 1: Moving Averages Mimic Historical Pattern from 2015 Yesterday,

The post 3 Reasons Bitcoin Will Race Toward a New Record High at $20,000 appeared first on CCN

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bitcoin new high record reasons set well

Источник: ccn.com

bitcoin new → Результатов: 126


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Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

Bitcoin is now holding ground around the $90K level as the market transitions into a new and uncertain phase. Sentiment is sharply divided: some analysts argue that the breakdown below $100K marks the beginning of a new bear market, while others believe Bitcoin is setting the stage to break its traditional four-year cycle and rally harder than ever in the months ahead.

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