Hey
Steemian friends
hope you are in tight possition ..
Again Bitcoin jumped +4.50% today itself. Now at the time of writing this article
Bitcoin trading @ $6709.99$
Lets have some market analysis ... first...
Lets have an look on OHLC data
OPEN= 6493.11
HIGH= 6774
LOW = 6492
CLOSE = 6709.98
It is just Touched 50 DMA an important moving average and after touching it just trading near it area some times..
It was struggled @ $6527 level after breaking this level it goes upto.... $6707.47 which is really really good for crypto market. As Bitcoin is one of the Giant on on crypto market.
lets have look on Crypto Heat map
all are in green and green...
Bitcoin +4.50%
ETH- +8.21%
BCH +12.24%
XRP +54.23%
LETS HAVE some news ....
Tech Billionaire Tim Draper bullish on bitcoin stating it will might be $250,000 by 2020
On his words....
***>Believe It, It’s Happening near - 2022 ***
Tech billionaire Tim Draper stands by his bitcoin price target of $250,000 for 2022. Despite the recent slump, Draper remains undeterred in his enthusiastic outlook for the largest virtual currency by market cap.
“This is going to be so big, so if you see a dip [in prices], jump in,” Draper told TheStreet at the 2018 Crypto Finance Conference in Switzerland. “Maybe it will dip further, but boy, I made that prediction and I’m sticking to it. $250,000 by 2022 for bitcoin.”
After a massive spike in 2017, BTC prices tumbled 50 percent in 2018. Despite the recent bear market, crypto’s profile has never been higher, and the industry continues to expand.
In April 2018, Draper generated countless headlines after boldly predicting that bitcoin would soar to $250,000 by 2022, as CCN has reported. And nothing has happened to change his outlook.
“They’re going to think you’re crazy, but believe it,” he said. “It’s happening and it’s going to be awesome!”
Draper has an impressive track record with predicting bitcoin price movements, so it’s hard to dismiss any forecast he makes.
In 2015, the venture capitalist accurately predicted that bitcoin would top $10,000 by the end of 2017. BTC soared above $13,000 on December 31, 2017.
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Thanks for reading this article Have a nice day......
Regards @amusdnom