How High Can BTC Climb From Here?
It took the king of the cryptocurrencies almost six months, but finally, Bitcoin made it and reached the $6000 mark! The last time Bitcoin saw a prefix of $6000 was on November 14, 2018.
Over the past 48 hours, since we had published our last updated, Bitcoin continued to show high levels of volatility: The coin recorded a low of $5565 just yesterday, however, in today’s early morning the $6000 target was captured.
As of writing this, Bitcoin reached a high of $5970 (Bitstamp) and quickly got rejected. As of now, the coin is trading around $5880.
As mentioned before, the $5700 – $6000 area should be serving as a tough resistance for Bitcoin. However, almost anything is possible in crypto, including daily 2-digit gains and losses for Bitocin.
Total Market Cap: $188 Billion
Bitcoin Market Cap: $104.9 Billion
BTC Dominance: 55.8%
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