Bitcoin Price Hits $13,000 Again! – Details

Bitcoin Price Hits $13000 Again

Bitcoin Price Hits $13000 Again

Bitcoin hit $13,000 again on July 10th. Data from Coin360 showed BTC/USD hitting $13,130 in early trading Wednesday, reclaiming almost $1,000 in 24 hours.

Analysts had previously warned of a major correction after bitcoin closed below $11,450. Regular commentator Josh Rager is now eyeing July’s monthly close as a significant yardstick for price.

He tweeted: “The monthly close is still a few weeks away but you can’t deny the bullishness if Bitcoin can close above the previous ATH close at $13,863,”  as Bitcoin hit $13,000.

“On high-time frames it will be clear skies with no price history resistance overhead, only support[.] Countdown to July 31st.”

At press time, BTC is trading around $12,855 with weekly gains at 12.9%. Innvestors have seen 68% growth over the past month.

Bitcoin also regained a share of the cryptocurrency market cap at 65.1%  which has not been seen since April 2017.

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