Bitcoin surpassed $13,000 today. When will it reach $14,000?
Share to twitterBitcoin has broken through several, key price levels lately, showing continued signs of bullishness. Bitcoin prices have surged lately, breaking through $13,000 for the first time since January 2018 and nearing $14,000.CoinDesk bitcoin price dataAt this point, the cryptocurrency was up 13.3% since the start of the day, additional CoinDesk figures show.[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated.
I believe that the fact that bitcoin hit $13k today is an example of several major elements finally coming together – there is not one particular thing that caused the increase," he stated. More than one expert pointed to recent tether activity as a potential variable behind bitcoin's sharp gains. "Crypto remains a strong investment for institutions seeking additional diversification into an uncorrelated asset, global markets, and technology."The market's optimism may have become a little too strong, helping bitcoin prices skyrocket, said "During periods of normal market activity, there is typically an equal amount of fear, greed, and positive/negative price predictions," he stated.
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