Bitcoin Still on Track to Breach $20K in the Coming Weeks?
Of course it is! We are sitting at $19135 this morning and could see $20K at any moment with Bitcoin being Bitcoin
Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts
“Bitcoin’s revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.
‘We have witnessed a large move up over the weekend, with MicroStrategy’s efforts to increase bitcoin (BTC, -1.01%) holdings from several large players bringing with it fresh optimism,’ Matthew Dibb, COO at Stack Funds, told CoinDesk. ‘Our belief is that we will see a breach of $20,000 in the coming weeks.’
On Friday, business intelligence firm MicroStrategy raised $650 million through a convertible senior note sale to fund bitcoin purchases. Since then, the cryptocurrency has rallied by over $1,000 and was last seen trading near $19,100, according to CoinDesk 20 data.”