Express

Expecting An Uptrend Continuation, Bitcoin Price Challenges $10K

Claudia Rivera

Summary: Bitcoin's price is now trading at $9,600, bullishness is back in the industry, reports CoinVedi. Bitcoin, around last year, spiked up in price when the Government of China showed interest in blockchain technology.  Since then the price of the coin has been steadily increasing ever since. Now, Bitcoin is about to reach the psychologically important ...

Bitcoin's price is now trading at $9,600, bullishness is back in the industry, reports CoinVedi. Bitcoin, around last year, spiked up in price when the Government of China showed interest in blockchain technology. 

Since then the price of the coin has been steadily increasing ever since. Now, Bitcoin is about to reach the psychologically important $10k mark. Cryptocurrency trader, Brent (@blockchainblitz), says the 50 day moving average crossed the 100 day moving average and formed a bull cross. There is much optimism for the halving, with many expecting exponential gains again.

By Claudia Rivera

Last Update:

Tags: ,,,
Link: Expecting An Uptrend Continuation, Bitcoin Price Challenges $10K   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago
  • You need to login to comment.