Price Analysis

Bitcoin Price Analysis: Bitcoin (BTC) rises above $11,000 since April 2018, next target $11,500

Bitcoin (BTC) hovers above $11,000. The price was attainted in April 2018, and it took more than a year to break the price. The investors are now eyeing towards $11,500. We are expecting the price to cross the same in tomorrow’s chart.

The current upsurge seems to have legs for some time. The marketers have high hopes from the coin. They are expecting the coin to cross $20,000 by the end of 2019. The coin has never failed to walk as per the trader’s expectation.

Bitcoin (BTC) Current Statistics:

The BTC chart is taken from Trading View on 22nd June 2019, at 12:26:11 UTC for price analysis.Bitcoin price chart - june 22

Looking at the BTC chart, the coin opened today at $10237. The coin jumped till $10,848 and marked a progression of 5.98%. The coin soon jumped till $10944 and kept it tight at the same level throughout the day. The upsurge in Bitcoin again started around 8:00 UTC. The escalation in BTC price took place from $10823 to $11151 and booked a hike by 3.03%.

  • The price of Bitcoin (BTC to USD) is at 11,024.24 USD.
  • The Return on Investment (ROI) is marked around 8,048.00%.
  • The Market Capitalization is noted at 195,936,931,887 USD.
  • The 24hr volume is around 25,952,843,967 USD.
  • The circulating supply is marked around 17,773,275 BTC.

Bitcoin Price Prediction and Conclusion:

Bitcoin has shown remarkable growth in the chart. The coin is assumed to continue with the price surge in the coming days. Last year, when coin touched $11,000, it took almost 18 days to jump at $20,000. We are expecting the same miracle to take place once again. However, the assumption is farfetched, but the coin is popular for surprising growth.

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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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