Bitcoin (BTC) price almost crossed $8200 yesterday. The price upsurge was shaky because the US stock market experienced regression. However, the currency has shown the potential recovery and now trading at $8142.8.
As per the latest news, Kookmin Bank (KB), a major South Korean bank has ventured with Atomrigs labs (blockchain technology firm) to try their luck with digital assets and protection solution. This is a great news for the crypto market as Kookmin Bank (KB) will bring more steadiness’s in the cryptocurrencies.
Let’s have a look at the current statistics:
- The price of Bitcoin is 8,142.8 USD
- The Return on Investment is marked around 5,906.93%
- The market capitalization is 144,309,308,907 USD
- The 24hr volume of BTC coin is 18,333,370,697 USD
- The circulation supply is marked around 17,755,962 BTC.
As per the Trading View chart of 13th June 2019, at 04:53:27 UTC, the current trading price of BTC is $8142.8. If we have a closer look at the chart, then the price graph will give an exact prediction for today’s market. Yesterday, the coin started at around $7900. At 3:00 UTC the price jumped from $7863.8 to $8075.0 and registering a hike 07 2.61%. Around 15:00 UTC, another surge was observed in Bitcoin price, which was of 2.80% as prices escalated from $8013.8 to $8238.5. The entire day booked a progression of 3.45% as the opening price was $7900 and the closing was $8173.
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Today, the price has opened around $8173. BTC as per the current price has locked a resistance level at $8200 and a support level at $8072. The price is moving at a steady pace and is likely to remain the same. The intraday traders will have several gaining opportunities today.
Bitcoin Price Prediction and Conclusion:
The price of Bitcoin will move ahead and may touch a high at $8250 during the day. As per Bitcoin price forecast, it expects that BTC may go as high as $12,000 by the end of the year and if the same momentum continues.
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The short term investors can dig into the market as it would be the perfect time for them. The long term traders will surely get high dividends on their investments.
