Bitcoin, the flagship cryptocurrency is at its crazies race to break new records. The ongoing bitcoin bull run reminiscent of late 2017 when it touched to an all-time high of nearing $20K.
At the beginning of April – Bitcoin broke $5000
On May 10 – Bitcoin smashed $6000
On May 12 – Bitcoin touched $7000
On May 14 – Bitcoin surged over $8000
Currently, Bitcoin is racing to catch $9000, on that condition, it’s really worth notice will BTC smash $1000 before the End of May.!
At press time, Bitcoin outperforms $8000 figure and gained 12.45 percent within the past 24 hours. The average market volume counts at $141,657,041,698 which resulted in the entry of BTC dominance, which is close to 60%. Nonetheless, Bitcoin boom marks a 110% rally this year and now everyone in a puzzle – ‘can the crypto comeback last.!.
Image source – coinmarketcap
BTC Signalizing higher – Traders and Analysts are elaborating how.!
The sudden bang of Bitcoin from around $7000 to over $8000 created FOMO around the crypto market – on contrast – few traders and analysts are suggesting the market’s constructive sentiment in the near future.
$BTC – The FOMO is real Bitcoin is currently on a tear & the next target of serious interest is $8200+ High interest remains near $6400 if BTC decides to cool off & pullback My dream area to buy would be $5500 to $5700 but there’s no promise $BTC will hit that low again
According to a trader, Josh Rager
‘BTC will not hit the low of $5500 – $5700’ again.