BTC breaks $9,000! Will we see $12,000 by the end of July?

16 Jun, 2019
by Joeri Cant
Bitcoin
BTC breaks $9,000! Will we see $12,000 by the end of July?

Bitcoin just broke past the $9,000 price mark today, and according to one analyst, we could see the world's number one crypto coin hit $12,000 by the end of July.

Gains of around 5.40% for the 24h period pushed the Bitcoin price past the $9,000 price level on most exchanges.

The world's most popular cryptocurrency is currently trading at around $9,185 on Bitstamp and Coinbase, and is sitting at $9,127 according to coinmarketcap.com.

BTC/USD chart provided by Tradingview

Crypto Twitter points out that this is the 10th time in recent weeks, that Bitcoin is crossing the $9,000 price mark, while it attempts to remain there decisively, and that the very bullish crypto coin is hitting new 2019 highs again.

Popular crypto trader, Red, in the meanwhile suggested yesterday that there is an obvious similarity between Bitcoin’s April of 2018 price action and its current price action, which, according to the trader, might be an indication that BTC will continue to surge until it reaches $12,000 by the end of July.

Perhaps we can take a moment, and remember those who are still waiting for BTC to drop back all the way to $5,000 ...

Will we see Bitcoin at $12,000 by the end of July? Let us know in the poll below.

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Read more about: Bitcoin (BTC)

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