Bitcoin smashes new 2019 high, touching $13,000 as dominance breaks 62%

26 Jun, 2019
Analysis
Bitcoin smashes new 2019 high, touching $13,000 as dominance breaks 62%

Bitcoin price smashed $13,000 as it reached a new high, leaving many to wonder if this bullish momentum is moving too fast. 

Bitcoin hit a exactly $13,000 on Binance this morning, following a 12% price move that catapulted the price to a new yearly high once again.

Bitcoin is now up nearly 300% in 2019 alone, as it continues to correct following a bleak 2018 bear market. 

BTC/USDT Chart provided by Tradingview

Bitcoin has also seen it's dominance climb over 62% for the first time since late 2017, a pattern similar to what was seen right before alt season. 

Speculation now surrounds whether Bitcoin will see a major correction or if it has legs to continue pushing higher as traders all gave their opinions on the recent price surge. 

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Read more about: Bitcoin (BTC)

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