Bitcoin Touches $ 4,000, but Can't Be Told until it Crosses the" Key Factor "
The Crypto Market is making a recovery today as the total marketplace increased by about $ 6 billion at $ 140 billion. a mix of green and red as Bitcoin crosses the $ 4k level and Holo records the highest gains of 18 percent while Bitcoin Cash (BCH) is the winner of top cryptos with more than 10 percent gains. Having seen a significant spike in recent days, Crypto The. com chain is the biggest loser with over 26 percent losses.
The leading cryptocurrency Bitcoin finally affected the $ 4k after two weeks of inactivity. At the time of writing, Bitcoin traded at $ 4,037 with 24-hour winnings of about 2 While controlling the daily trading volume of $ 10.2 billion, according to the data from Coinmarketcap, Bitcoin hit the highest point of $ 4,077, but has fallen slightly.
Bitcoin price 1-day Chart, Source: TradingView
According to Crypto Analyst, The Kryptomistic unless the BTC breaks the $ 4.1 level, it is difficult to be bullish.
"Right on the cue! Broke out RSI and candles. Expect we find the ground. Expect now lower than the 3953 region. We have very strong resistance coming 4.1 region. Break this and I'll be very bullish!"
According to Crypto dealers and analysts, Bitcoin is once again trading at the buying level as Credible Crypto, says the BTC tests the supply zone, but says it will not hold back. But if we were able to break through, there would be a single tap to $ 4.1k level. But from here it is to see if Bitcoin will go "right to $ 4.3k or $ 4.5k or will come down again for a small detour first."
Analysis still applies. Now back to purchase levels. $ BTC https://t.co/DIU2kPOcBz
– Alex Krüger (@krugermacro) February 24, 2019
Just recently, Tom Lee of Fundstrat said that the key to look for The Bitcoin price is 200-day moving average, and if crossed, BTC comes into the beef market.
"If Bitcoin lasts over $ 4,000, it will cross its 200-day [moving average] in August, so I think outside window is five to six months before Bitcoin begins to look technically as if it is back in a beef market. "
– Weiss Ratings (@WeissRatings) March 15, 2019
However, Mike McGlone believes, according to Bloomberg Intelligence analyst, that Bitcoin goes lower as he wrote in a recent report, The whole industry is mature to resume a road at lower prices. The conditions are similar to November, just before the collapse. Prices are stepping up within narrowing classes, with some sharp bear market ranks seemingly volatile. "
Binance CEO expects bitcoin (BTC) prize to achieve $ 300,000 in the future
Changpeng Zhao, CEO of Binance, one of the lasrgest digital currency exchanges in terms of trading volume, believes that Bitcoin can finally reach $ 300,000 He said that no matter how tough the times are, he has always invested in the crypto game.
Is Bitcoin of $ 300,000 BTC / USD really possible?
Changpeng Zhao is very positive about the future of the room and how Bitcoin could increase the price in He said that whether Bitcoin is traded close to $ 4,000 or $ 300,000, they always operate in the market.
According to Crypto News Site sentiments, he mentioned:
"$ 4k and $ 300k there are tough days, and There are good days. We are always here. "
At the end of 2018, Changpeng Zhao wrote a letter to the Binance community in which he made a balance in the year and showed the platform's performance, even when he admitted that the year was hell for virtual currencies.
Most experts and analysts, Including Changpeng Zhao, believes that 2018 was used to build new projects than to speculate on the price of the most valuable digital asset.
Now there are more enthusiasts It is certain that Bitcoin will reach $ 300,000.
There are many innovations in space that will allow Bitcoin to reach new heights in the future.
A few days ago, Fundstrat founder, Thomas Lee, said that Bitcoin is six months away from a bull trend, since its all-time high, Bitcoin lost more than 80% of value, and users are waiting for the digital asset to grow again.
John McAfee, one of the most popular characters in the crypto game, believes that Bitcoin will reach $ 1 million by the end of 2020.  Bitcoin is currently trading around $ 4,000 and has a market value of $ 71 billion.
Bitcoin Prize exceeds $ 4,000 and can revise $ 20,000 by 2021 If History Repeats
Here's the story for when we first broke that Bitcoin, the price value surpassed $ 4000.
The latest BTC price action is said to be triggered by Asian activity and has recorded $ 9.86 million in trading volume and a market value of $ 71.11 billion.
Where is Bitcoin on a larger scale? 4 years ago It was $ 285 USD
For those who have been in and out or newer in the blockage, many faiths develop their fourth fractal patch based on history and map analysis in their ten years of existence. The nature of Bitcoins price action repeated has become evident to those who look at historical data and graphs and believe it is a larger wave expected to come as many as allow their bitcoin price predictions to fly. The 90% downturn we have had has always resulted in a 10-20x win back and usually lasts 1-2 years at 80-90% clawback and we are approaching the end of that route.
Got a @ Amazon delivery today and the delivery man saw the Bitcoin t-shirt I was wearing and talked about the latest price movements. He was surprised after I mentioned all the big players who started coming in.
Awareness and global adoption will come there, one step at a time. pic.twitter.com/53Ok7SqUjb
– Ilir Gashi [LTC⚡] (@mirgirgashi) March 15, 2019
Bitcoin trades at $ 4,044 BTC / USD exchange rate and only four years ago was a single bitcoin $ 285. When adding the comment below, cryptocurrency-haters thought those who invested in the BTC of $ 1000, never break:
4 years ago, the price of bitcoin was $ 285 and the consensus was that people who bought bitcoin At $ 1000 would never break itself.
– Needacoin (@needacoin) March 15, 2019
What do you think of Bitcoin's price news and increase today? As every day comes close to the expectation of the big bitcoin halving, we expect nothing but fireworks in the coin markets both today, tomorrow and year from now.