Bitcoin to $10K likely, this is what it takes to get there

16 May, 2019
by Jelmer van der Dussen
Video

Chepicap's David Borman discusses in this video Bitcoin now trading just above $8,000, and explores what it may take to get to $10,000 and beyond.

Bitcoin has seen a parabolic growth over the last few weeks, climbing all the way up to $8,400 before stabilizing around the $8000 level. While a correction would be healthy in the short term, it's likely Bitcoin will push for $10,000 anytime soon.

In the meantime, altcoins have start rallying as well, with top coins like Ethereum, XRP and Stellar taking the lead. Litecoin also found a new support at $101, and might be aiming for a 10% growth anytime soon.

In this video we focus on Bitcoin's performance, and what it will take for BTC to reach the $10,000 mark. A few resistance lines are on the way, but could be pushed through quite easily. On the other hand, if a serious correction will take place, we're looking at the $6000 zone again.

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Read more about: Bitcoin (BTC)

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