Bitcoin Breaks Above $6,000 and Does Not Stop There. The cryptocurrency is trading at $6,468 at the time of writing and is expected to continue towards the $6,937 level.
The market has been on a rollercoaster since January 2018, when the Bitcoin price hit an all-time high of $20,000. In just a few months the price had him below $3,000 and has recovered steadily since then. This may look like a normal bear market, but it's not. This time it will be different as traders are finally starting to realize that Bitcoin will take hold.
A few weeks ago we wrote about three traders who predicted a $5,500 breakout, and now you can add their names to the list.
Jason Hamlin (Trading View): He predicted Bitcoin would break his $5,500 mark in June 2018 and it did.
Mike Bershe (BitGo): He Predicted Bitcoin He Will Break The $5 Mark
Another day, the cryptocurrency market valuation increased by another $1 billion.