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

16 May, 2019
by Jelmer van der Dussen

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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