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Friday, November 10, 2017

Crypto News: Bitcoin Could Reach $10,000 By Christmas

Bitcoin Could Reach $10,000 By Christmas

The Bitcoin bubble is turning into a mania that could help it reach $10,000 by Christmas, before heading for another major correction.

The people’s currency has passed several tests in recent weeks. One of them is the “technical test,” the crossing of price resistance marks like 5, 6 and 7,000 dollars.

That’s a bullish sign for investors who look at price and volume charts to determine the direction of the market momentum.

Another is the “Wall Street test,” the warming up of major financial players and financial exchanges to the digital currency, as discussed in a previous piece.


Full story at http://bit.ly/2Ayz4z0


Source: Forbes


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