It would seem that there’s no stopping Bitcoin right now. A few days after the world’s largest cryptocurrency breached the much-anticipated $18,000-mark, BTC has crossed yet another milestone – $19,000. The latest development on Bitcoin’s price charts came on the back of a 6% surge in a matter of 3 hours with its current trading price at $19,060.
At the time of writing, Bitcoin was very close to its ATH of $19,665, a price level it last noted on 16 December 2017. Further, according to Messari, BTC was recording YTD returns of +158.70 percent, at press time.
Some in the community are expecting the cryptocurrency to be due for a correction soon, however, with TokenMetrics’ Ian Belina telling AMBCrypto,
It would reach up to $20,000 by the end of this year. however, if something goes wrong the price would dramatically subside like what we have seen last December 2017. you should not jump off and sell your house to invest in this green market because the price is still volatile and no one really knows when the price will fall again like last time.