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Price Analysis

Bitcoin (BTC) Price Analysis: Bitcoin Joins Hands With Mainstream Players To Bring Back The Bull Run

  • Bitcoin’s new alliances will bring back the bullish trends again
  • Bitcoin’s Roger Ver pushes the currency in the mainstream market and promotes global growth

Bitcoin.com has partnered with companies like AT&T and CryptospaceUS to push the mainstream use of the currency. This digital asset has paved the way for so many altcoins to enter the market and establish their place. The key players and enterprises are forced to take them seriously and start their investment at all the right places to avoid lagging behind. Bitcoin went on a bull run in May-mid and now with the latest announcements, this digital asset is again gearing up for yet another price surge. Bitcoin.com’s Roger Ver is exploring the Cannabis industry as well for strategic collaborations.

Bitcoin Current Price Statistics:

Bitcoin price Chart

The below graph captured on May 26, 2019, at 06:09:59 UTC shows how the price of BTC coin sailed in the last few hours and seems to be leading to a positive trend.

ParticularsStatistics
Price  (USD)8000.05
Market Capitalization141,854,059,186
24h volume21,456,552,869
Circulating Supply17,723,037 BTC
Return on Investment5,812.86%

The price of the BTC token has fallen slightly below $8123 in the last 3 hours but not gone below $8000 at the time of writing. The market cap of the coin is noted at $14 Bn. In the last day, the coin value moved between the range of $8117 and $7965 and has been showing a steady movement throughout.

Conclusion:

Those looking for short term gains can sell their Bitcoin now however the value of the coin is going to shoot up over the next few days and can cross $9000 mark in the next one month. Hence, a little patience might pay off well. For those who believe in long term gains, hold on to your BTC tokens as the currency is going to surge higher and will lead to better dividends.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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