- Bitcoin (BTC) faced 5 major price variations in the last 4 hours.
- The closing value is likely to be around $10,900.
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Bitcoin (BTC) is no doubt the hottest topic in the town. The way it got its value up high in the hills is commendable, and it has now become the 1st choice of many short-term as well as long-term investors. Everyone is trading on Bitcoin in anticipation of breaching 11,000 USD again like it did 2 days back. For the convenience of the short-term or intraday traders, here is an analysis of Bitcoin’s movement in the last 4 hours. Let us first analyze the current details of the coin.
BTC Current Price Statistics-
| Bitcoin (BTC) | 24th June 07:55 UTC |
| Rank | 1st |
| ROI (Return on Investment) | 7,877.45% |
| Coin Circulation | 17,777,100 BTC |
| Market Cap | 189,572,274,565 USD |
| Value in USD | 10,768.41 USD |
| All-Time High | 20,089 USD |
| 24h Volume | 20,453,051,427 USD |
BTC to USD Price Comparison-
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In the last 4 hours, the coin has encountered with five major price variations. The first fall was between 02:13 UTC and 02:52 UTC. The fall was accounted for 0.81%. It was followed by a short-term growth of 0.67% over the next 52 minutes. Again a huge and steep rise of 2.03% happened between 04:04 UTC and 05:22 UTC. It was again followed by a fall of 1.17% over the next 1 hour and 30 minutes. The latest rise was noticed between 06:53 UTC and 07:26 UTC. This has added 0.91% to the coin. These are the five price variations of Bitcoin in the range of 0.67% to 2.03%.
BTC Price Prediction-
Looking at the graph, we predict a bullish outlook until the closing for Bitcoin. Accordingly to BTC price estimate, the coin may get to 10,900 USD by the end of the day. There are high chances of steep ups and downs until the closing.
Conclusion-
The investors need to be aware that the coin may behave with suddenness. The hikes in the price are not very extending ones, so investors are advised to trade with patience and precision.
