Price Now

${{ data.btc.now.price }}

Short

${{ data.btc.short.price }}

Long

${{ data.btc.long.price }}

Will Bitcoin Grow?

2018-06-19 12:40:16

#Bitcoin #Investment
Will Bitcoin Grow?

The crypto market restores gradually, adding 12 billions in a day. Bitcoin rate and other top tokens went up.

Recently Bitcoin does not hold in the green zone for long time. Each insignificant lift is followed by recession. This is why crypto analysts do not draw conclusions that Bitcoin began to grow up midterm. It is highly possible that Bitcoin may fall beneath $6000 in the nearest time.

If Bitcoin holds enough during the next two-three days over $6800, than it is possible to break the $7000 barrier.

For now Bitcoin demonstrates daily gain by 4% and reaches the $6700 point. Other top cryptos gained as well. Ethereum grew up by 5%, Ripple by 4.2% and Bitcoin Cash by 5.4%. This makes investors feel more optimistic, but we cannot say Bitcoin is ready to make a bull run yet.

P.S. Our Bitcoin forecast algorithm predicts that BTC continues moving down this week.

CoinForecast News

Please enter your email

Latest News

Samsung Accepts Cryptocurrencies in Baltic Countries

Users of CopPay in Tallinn, Riga, Vilnius and Kaunas can pay in cryptocurrency for smartphones, tablets, laptops and other Samsung products. The South...

  1 day ago

Michael Novogratz: Cryptocurrencies still Require Several Years to be Adopted

Former Wall Street top manager and CEO of Galaxy Digital Capital Management Michael Novogratz considers that mass adoption of cryptocurrencies and b...

  2 days ago

Bitcoin.com Registered more than 2.5 Million Wallets in a Year

This week Bitcoin.com reached an important milestone in its development - for the last year the service registered 2.5 million new crypto wallets. Fro...

  6 days ago

TenX CEO: Bitcoin Can Hit $60000 in 2018

The co-founder and President of the crypto payment startup TenX Julian Hosp says that the price of Bitcoin can hit $60,000 in 2018. He told this on t...

  1 week ago

What Bitcoin Needs to Become Bullish Again?

Bitcoin cannot exceed the $6000 level for long time. The recent drop on July 10th returned the price of Bitcoin to this year's minimum. With this cont...

  2 weeks ago