Bitcoin Expects $ 50K Less Than A Month After BTC Price Breaks Its 2017 All-Time High By Cointelegraph

LYNXNPEC6413U_L.jpg

Bitcoin expects $ 50K less than a month after BTC price broke its all-time high of 2017

The price of Bitcoin (BTC) broke the crucial level at $ 35,000 and continued its run above $ 40,000 on February 6, just days after MicroStrategy introduced itself to more than 1,4000 companies. This break above $ 35,000 earlier this week was significant as it opened the door to a new test of all time high. The final hurdle at $ 40,000 has kept BTC from reaching a new all-time high, while altcoins set many all-time highs over the past week. XBT / USD 4-hour chart. Source: TradingView Bitcoin Dominance 1 Week Chart. Source: TradingView 1-day chart. Source: TradingViewBTC / USD 1-day chart. Source: TradingView Continue reading on Coin Telegraph

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading financial markets, it is one of the riskiest investment forms possible.