Bitcoin Is Experiencing A Peak

Bitcoin Is Experiencing A Peak

Leading cryptocurrency, Bitcoin has reached its highest level in the last 1.5 months, exceeding the level of 8 thousand dollars. The level where Bitcoin will experience an increase is estimated at $ 10,000. After the economic measures and restrictions applied for the coronavirus epidemic, Bitcoin, which fell down to the level of 5 thousand dollars in March by turning its acceleration down, saw the top 8 thousand dollars again after not recovering long. They tightened their purchases towards the Bitcoin split, which is expected to occur in mid-May by cryptocurrency market investors. Bitcoin price had seen its all-time high in all of the two divisions before. Bitcoin has climbed to the highest level since March 10, with an increase of 3.26 percent to $ 8,001.69. With this increase, the rise of Bitcoin in the last month has reached 35 percent. Chris Thomas, from Swissquote Bank, emphasized that the uptrend in Bitcoin has accelerated recently, and said, "At this stage, there is a possibility of withdrawal in the next few days, perhaps up to $ 7,000." Jehan Cu, the co-founder of Hong Kong-based cryptocurrency investment and trading platform Kenetic, said that the new target in Bitcoin, the leading cryptocurrency that managed to exceed $ 8,000, is estimated at $ 10,000.