Bitcoin Price Analysis: Bitcoin (BTC) May Go Bullish and Surge up to $12,000 Soon

Mehak Punjabi 1 hour ago

1 minute read

It has been a good year for the Bitcoin holders as the coin has shown significant jumps every now and then. The month of June was spectacular for BTC holders giving them huge profits, and it may repeat in the next few months. Bitcoin may move past its current market trends depicting slow movements and may climb up to $11,000 in the upcoming weeks.

BTC to USD Price Comparison

Since the beginning of the year till today, Bitcoin has shown an uptrend of over 173% rising from $3790.480 to its current value at $10,350.42 as of August 17, 2019, at 04:39:48 UTC. BTC price has been seen moving upwards gradually till June but then started taking giant leaps to climb as high as $7649.63 and then making its way all the up to reach $12,973.84. Bitcoin has slowed down a bit in the last two months, but it may go bullish again soon.

BTC/USD Chart by TradingView

Current Statistics of Bitcoin:

• BTC price is noted to be $10,350.42
• The Market Cap of the Bitcoin is now $184,600,051,169
• The 24-hour volume of the coin stands at $19,498,515,719
• ROI has reached 7,545.20%
• Circulating Supply is now 17,880,912 BTC

The lowest recorded price of Bitcoin in the last week was $9,675.32 and the highest value during the same time was.....

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