Bitcoin Price Could Sink to $1,850 Despite Bullish Crypto Momentum

In the past 3 months, the Bitcoin price has been relatively stable, performing strongly against the U.S. dollar with solid volume across major markets in the likes of the U.S. and Japan. Since December 16, within a 3-month span, the Bitcoin price has increased from its yearly low at $3,122 to $3,943, testing the $4,000 resistance level. The stability of Bitcoin has led many tokens and alternative cryptocurrencies to record large gains against both BTC and the USD, with assets Litecoin, Enjin Coin, and Kyber Network surging by 50 to 100 percent in short time frames. However, speaking to CCN

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source https://www.ccn.com/bitcoin-price-could-sink-to-1850-despite-bullish-crypto-momentum

Comments

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