Bitcoin new target $6400

in #bitcoin • 5 years ago

As mention in my previous blog yesterday, Bitcoin would reach 6.8k today, and it did.

Bitcoin is currently trading around $6800. The total market cap is 196 billion. The demand is way up at 53 million and the supply has dropped to only 2100 BTC.

The demand/supply ratio is therefore high at 25350, so we are back at the level of oktober 2018.

BTC will probably drop to $6400 and stay there for a while. Altcoin will surge not yet, we have to wait until july 2019.

Tip: Particle

#crypto #cryptocurrency #money #steemit
5 years ago in #bitcoin by
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