Analyst Says Bitcoin Could Hit $62K This Year Based on Technical Signals

Lai Tran June 19, 2019 0 Comments

By CCN Markets: Bitcoin is flying high in 2019. The price of the flagship cryptocurrency is now well past the $9,000 level. But there are quite a few analysts out there who believe that bitcoin’s meteoric rise isn’t over yet. Galaxy, a well-followed crypto handle on Twitter, predicts that the price of bitcoin could hit all-time highs of $62,000 in about four months. Year 2017 had a similar weekly candle set-up as the one today, which was followed by a 570% price increase over the next 147 days. Another similar price increase puts BTC price at ≈$62K by the end

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Source: Bitcoin CNN