Bitcoin continues to surge in the past few days hitting almost $9800 today. Bitcoin’s marketcap is around $174 billion with the trading volume around $20.7 billion and the BTC dominance at 57.9%.
The bullish trend seems to continue as bitcoin continuously creates higher highs and higher lows. The next resistance level will be around $10000.
At the moment it is very difficult to say what will happen with bitcoin’s price as we have to wait to see what will happen when price level hit $10000. It will be either FOMO (Fear of Missing Out) driving the price up or people who bought on lower levels will take some profits driving the price a bit down. In any case it is a 50-50 scenario as always.
Altcoins follow Bitcoin Trend for now
Top altcoins followed bitcoin having 2-7% gains on the same day. Ethereum $286.54 (up 6.62%), Litecoin $137.66 (up 2.36%) , Bcash $430 (up 5.19%) , EOS $6.99 (up 3.48%) , BNB $37.60 (up 3.64%).
We have to note that most altcoins are still very cheap compared to their all time highs, meaning there is still a lot of room for them to grow in price, making them a bit more attractive to invest.
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This post have no intention of giving financial advises to its readers and it is simply mentioning the facts. You can check all coins marketcap on our site’s section Marketcap.