For the first time in nearly 3 years, Bitcoin has pushed above $19,000. The OG cryptocurrency soared about $20,000 back in December 2017, but was met with a bear market and a (mostly) dismal performance in 2018 and 2019.
Now, Bitcoin is teasing its bulls, having shown nearly consistent bull trends for the last few weeks. Will we see an all time high soon?
https://bitcoinchaser.com/bitcoin-above-19000-heading-to-new-all-time-high/bitcoin has indeed experienced a very sharp increase and this is surprising because the prediction circulating is that the increase will occur in the next year. but it could be that in this month bitcoin will experience a decline and it could happen, because bitcoin has experienced it in the past few months.
The sharp increase that will probably overtake 2017 will occur next year and by the end of this year with an already high enough price bitcoin will not be a surprise, but could drop to $ 15K or $ 16K. which next year will just start to increase sharply
Bitcoin has started to fall as now close to 16600$. So almost 3k drop form the top has happened in quick time. Though since its highly volatile it can bounce back again but only thing is that has the high already being made for this year or will reach 20k this year.