For more than a week now bitcoin's value have been swinging around 8k and counting. Indeed a good sign that bitcoin is fighting towards higher value from being down at 6,900 on the first week of april.
Will it be holding on to 8k for the next couple weeks or will it surge amidst of mid year or fall down again.
Hey Bitcoins Analysts whats your opinion..
For those who wants to track the price of bitcoin, this would probably help you.
https://www.coindesk.com/price/It's holding quite a bit in the $8K in the last couple of days then make a break out today, surpassing $8500 which is really a good sign that we might see a continues uptrend up to the up end of this week. I'm also seeing a healthy growth as well. But I don't want to be excited as this point because we don't know if this is the end of the bearish sentiments or not. Let's see how it pans out.
So short term, the price will fluctuate around $8500-$10K, up to the end of the month perhaps.
Long term: I'm seeing the price moving towards $15K-$18K range.
I think the breakout has happened and it is looking to go towards $9000 mark right now.
It is a surprise nowbody saw it happening but alot of people are noticing it because it is a major increase in a short amount of time I believe in the past 96 hours.
From $7300 to $8800 is a massive increase in just four days.