Bitcoin news today – Cryptocurrencies are highly volatile and prone to market manipulations. The high volatility of cryptocurrencies is one of biggest problems with the asset class but it is also one of the greatest advantages. Traders who pay attention and study the price charts can make quick profits in large amounts. However, you can also suffer losses. Since the beginning of the year, Bitcoin has been on a winning spree. While it has suffered some major pull backs along the way, the Bitcoin price prediction 2019 is bullish and so is the XRP price prediction 2019, Ethereum price prediction 2019 and the cryptocurrency price prediction 2019. If you’re looking for the best cryptocurrency to buy in 2019, studying the trends during a bull and bear market is the best way to get insight. So, why is Bitcoin rising and how can you maximize your profit during the bull market.
Cryptocurrency News Today – Bitcoin News – XRP News – Ethereum News – Bitcoin Price Prediction 2019 – XRP Price Prediction 2019 – Ethereum Price Prediction 2019 – Why Is Bitcoin Rising?
Early this morning, the price of Bitcoin surged above the $8939 level for the first time in 2019. Note that the price surge was only this high in regulated exchanges like Coinbase and Bitstamp. This was a surge by more than 11% against the USD within an hour. This also means that the flagship cryptocurrency is up by 136% between the beginning of the year and today. As the price of Bitcoin increased, the price of Ethereum, XRP, and virtually every other altcoin increased as well.
Bitcoin (BTC) Price Today – BTC / USD
Following the extended cryptocurrency winter, Analysts agreed that the price of Bitcoin was fully in the bullish zone right after it crossed the $7000 and held its ground above that level. They also anticipated that the price of Bitcoin will reach higher highs near-term. According to the Bitcoin price prediction 2019 on CCN, there are three main reasons why the price of Bitcoin is rising. First off, there has been in increase in institutional investors thanks to the advent of regulated platforms like CME. The popularity of Bitcoin, altcoins and exchanges has also increased on Google trends. This shows that there is a significant increase in retail interest. Let’s not forget that the Bitcoin halving is coming next year and the price of BTC typically surges ahead of the Bitcoin halving event.
Bitcoin News – XRP News – Ethereum News – Bitcoin Price Prediction 2019 – Current Price Of Bitcoin, XRP and ETH
To benefit from the bull run, you need to be vigilant. There is no need to sell your entire investment because the market trends show no signs of a serious correction happening anytime soon. The price of cryptocurrencies will keep rising safe for times when minor pull backs occur. So, the smart way to go if you want to make quick cash is to sell only your profit and leave your capital in the market. Wait until the momentum starts slowing down to take your profit.
At the time of writing, the price of Bitcoin was $8,790.97. This means that it is up by 10.51% against the USD. The trading volume over a 24 hour period is $28,166,671,860 and the market capitalization is $155,822,027,779. BTC will most likely hit $10,000 near-term. ETH is trading at $268.54 and XRP is trading at $0.411280.
What do you think about the Bitcoin price prediction 2019 in our Bitcoin news today? Share your thoughts in the comment section below.