12.8 C
Manchester
September 23, 2020
Image default
Bitcoin

Bitcoin at $ 11,000. What will happen next with the course? |

What many cryptocurrency investors have been waiting for for a long time has happened. Bitcoin broke the $ 11,000 mark. It is true that only for a short time, but well-known traders and investment strategists emphasize that technically everything still looks very promising.

Bitcoin at $ 11,000

Of course, the jump in the BTC exchange rate caused an increase in interest in the cryptocurrency. Tone Vays, a well-known digital asset trader, points out that the chart looks a lot better now than it was a year ago, when Bitcoin was rising, but its gains were quickly halted and bottomed out.

As long as this trend continues, I will be very optimistic about Bitcoin. I think Bitcoin will roll back to $ 10,000. Thereafter, it can quickly soar to a new record high, just like gold. (…) I don’t touch my HODL position Says Vays. – I was selling my HODL position in 2019 (…) because I didn’t trust the increase to $ 14,000. I trust this price rally will go much higher. I am much more bullish now than I was at the beginning of 2019 – adds a well-known trader.

It also advises on what to look for when analyzing the rate today.

We don’t need to stay above that [poziomu] for weeks. If this candle closes above $ 10,000 per week, that’s enough for me – he adds.

Current prices of leading cryptocurrencies

At the time of writing, 1 BTC on the market pays $ 10,880, which translates into a 6.7% price jump. on a daily scale.

In recent days, the ETH exchange rate has also grown rapidly. Today we have to pay USD 316 for 1 ETH. This means a decrease of 2 percent. on a 24-hour scale. As you can see, BTC took fuel from the leading altcoin to growth.

Also remember that the current one course You can always check Bitcoin and other cryptocurrencies in the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website . In turn, a certain place where you can buy Bitcoin and other kryptowaluty, include Poland cryptocurrency exchange BitBay.net. If you do not have an account on BitBay yet, in this article you will learn how to create one quickly and efficiently: LINK.

Related posts

How likely is Bitcoin to reach $ 20,000 by the end of the year?

Anupreet Kaur

John McAfee issues an anonymous telephone Blocksats

Aparnna Hajirnis

Beware of cryptocurrency scams on the phone! | Blocksats

Aparnna Hajirnis

Leave a Comment