Price Analysis

Bitcoin Price Analysis: Bitcoin (BTC) Records 7% Uptrend In The Last 30 Days Rising Up To $12,000

  • Bitcoin surged up to $12,000 in the first 10 days of the month
  • Bitcoin may close this month on a high note trading above $12,000

Bitcoin has recorded a good amount of growth in the last few months, and the coin is headed towards yet another bull run as it may seem from its current market performance. BTC traders must hold on to their tokens now as the good times are not far away. The coin can be expected to end this month trading at or above $12,500.

BTC Price Statistics:

In the last 30 days, BTC token has recorded 7% uptrend rising from $9437.61 to its current value at $10,130.96 as noted on August 18, 2019, at 07:34:15 UTC. The coin had started on a low note one month back but picked up the pace soon after and reached as high as $11,033.36 before dropping back to hit $9,162.48. From then on, it had a steep climb upwards at the beginning of August and reached as high as $12,259.66 in the first 10 days of the month. Since then, there has been a slow trend.

BTC Price Prediction
BTC Price Chart by TradingView
  • The price of BTC coin is now $10,130.96
  • The market cap stands at $181,148,927,979
  • The 24 h volume has reached $13,004,566,385
  • The ROI of the coin stands at 7,409.97%
  • The circulating supply is now 17,882,787 BTC

Bitcoin closed trading yesterday at $10,231 and it is currently trading at a lower value than this, but it may close today on a better note.

BTC Price Prediction:

Bitcoin may not have surged much in the last week but the remaining two weeks will be all about rising trends. The coin may start trading between $10,500 and $12,000 from the very beginning and may also cross $12,000 mark before the month ends. It may cross its 90-days high value to trade above $14,000 in the next few months and close the year trading between $15,000 and $20,000.

Conclusion:

It is a good time to plan long term investments in the BTC token and save for future benefits.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.
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