Bitcoin’s (BTC) Marginal Growth Gives a Good Sign to the Market

Bitcoin, the king of all cryptocurrencies, seems to have been struggling and putting huge efforts to avert the bearish market run. After days of ups and downs, the Bitcoin price could go up only by 1.8% over the last 24 hours. However, in the last 1 month, the coin has seen both the extreme points. With five significant price variations, Bitcoin’s price movement in the last month is nowhere near stability. However, by the end of this year, the coin is expected to pluck speed. It is likely to touch as high as 15,000 USD in this short span. Let us find out the current details of the coin now.

Current Statistics of Bitcoin-

BTC to USD Price Comparison-

The top-ranked coin was dragged from 12,014 USD to 9784 USD by a huge downside movement between 29^th June and 02^nd July. This 18.56% decline is the first huge variation of Bitcoin in a month. However, Bitcoin later got a mild push and gained 3286 USD over the next one week’s time. But this push was not a long-standing one. It was followed by a decline of 3873 USD in another week’s time starting from 10^th July. However, between 17^th July and 20^th July, Bitcoin could uplift itself by 1807 USD. The final call of Bitcoin was a downfall of 1799 USD till the 28^th of July.

Bitcoin Price Prediction-

Bitcoin is going through a tough phase now. But it will soon see some good growth. It is expected to touch 15,000 USD by the end of 2019. The next resistance points are likely to be 9668.17 USD, 9783.48 USD, and 9991.42 USD. The support levels are 9344.92 USD, 9136.98 USD, and 9021.67 USD. If you want to know more about BTC prediction visit forecast page.

Conclusion-

Bitcoin is still one of the best performing coins if we consider its high ROI. This bear phase is temporary; it will certainly favor its long-term investors.