Bitcoin Price Analysis: Is Bitcoin Heading For $20k – 2017 Patterns are Recurring

A lot has been happening in the cryptocurrency space recently. After the recent, sharp crypto bull run, there have been a lot of significant changes in the industry. More digital asset investors are now attracted to the industry. Bitcoin, Ethereum, XRP, Bitcoin Cash, Bitcoin SV, and others have responded to the recent crypto bull positively.

Bitcoin Latest Update – Bitcoin Price Prediction 2019

In January last year, a veteran digital asset trader accurately predicted Bitcoin price crash. Recently, the digital asset trader gave a bullish Bitcoin price prediction 2019 after the effect of the ongoing crypto bull run. He said that Bitcoin (BTC) looks like its getting ready for a new parabolic bull run – the next crypto bull run.

The present chart of Bitcoin seems to be coinciding with its pattern from 2014 to 2015 before it started the massive bull run towards the $20k level. This was recently pointed out via a tweet by Peter Brandt. Brandt said he would not be surprised if Bitcoin enters anew parabolic phase, either from the retest of 2015 bottom of December 2018 low.

Ethereum (ETH), Tron (TRX), and EOS Latest Update

Ethereum, Tron, and EOS are the three major rivals in the industry when it comes to the creation and deployment of decentralized apps. Recent figures show that Dapps on EOS is processing more funds than Tron Dapps and Ethereum Dapps. According to DappReview, 135,500 users spent over $17M on EOS Dapps over the past twenty-four hours.

According to the report, EOS has more active Dapps than Tron and Ethereum. Ethereum has a lot of decentralized Dapps. However, most developers are now moving their dapps away from the Ethereum to EOS and Tron. Over the past twenty-four hours, 68,700 users have spent $9.4M on Tron Dapps. Whereas, 12,900 users have spent about $4.7M on Ethereum Dapps. From the numbers, it is easy to see that EOS Dapps have more daily active users and daily transaction volume than Tron Dapps and Ethereum Dapps.

XRP News Today – Is XRP (XRP) the Best Cryptocurrency to Invest 2019?

XRP has been doing great in the crypto space lately. Despite the XRP SEC issue and questions whether XRP is a security or not, the digital currency has been thriving. Its parent firm – Ripple Inc. – and its community have been strongly behind it. Ripple is a US-based startup that provides payment protocols for firms across the globe.

Ripple is currently hiring and the firm has fifty-three open positions. The firm is looking to hire RippleNet engineers, as well as a new director of marketing for Xpring – the fundraising arm of the firm. Xpring is based on XRP. XRP price has been pretty impressive. The digital currency is sailing smoothly on the present crypto bull run. The digital currency will continue to surge higher if it continues to hold gains over its support level, and if Bitcoin also holds gains.

Bitcoin (BTC) Price Today – BTC / USD

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The recent crypto bull run has sent Bitcoin price up by over 20 percent over the past few days. The current Bitcoin price is $5,067 after an increase of less than one percent over the past day. The digital currency currently boasts of a market cap of $87.83 billion. The trading volume of Bitcoin (BTC) over the past twenty-four hours is $19.91 billion.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.


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