Bitcoin Close To $12,000 - Already Trading Over $12,000 On Korean Exchanges
Over the last few hours Bitcoin price jumped again, and it's now close to the $12,000 level, trading on average at $11,833.
Again, the growth is led by Korean exchanges, with Bithumb and Coinone both showing prices over $12,000:
Interestingly enough, all top 5 currencies are in green, with DASH inching close to $800.
One of the potential causes for this growth may be related to December 18th, a date from which Bitcoin derivatives will be available on the US market. This still doesn't explain why the highest price comes from Korean exchanges, though.
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Looks like there won't be any pull back for now, $20k seems to be imminent target.
I agree that the trend is really strong. We're in an uncharted territory now but if there will be some resistance, the pullback should be really strong.
Very true!
@dragosroua If you believe in Clif High Web Bot then we will go to 13,888 before we have a pullback in Bitcoin. I think people that want to add to a position should wait for a Pullback in Price. I try not to chase the prices higher.....................
it is trading at 13298.98 on indian exchange
![](https://steemitimages.com/DQmPqEsuDm2V7ALrP8BX5HMiAF8KoEBNZtTxWue2pC5RiWH/image.png)
Wow! Thanks for this info, which exchange is that?
koinex.in
The difference in price between Korean exchanges and the rest is quite significant. Is that only due to a high demand of bitcoin in Korean market or could be for other reasons?
Would be useful to see the % of price increase by exchange.
Rumors of war.
350 billion total market cap is nothing, the target should be something between 9/10 trillion if not more for the whole crypto market, by that time you will just need a QR code for worldwide payments, exciting!
Atomic swaps and lightning network currencies will lead the market.
Bitcoin each week is rising like never before great patterns to follow and invest
I am still of the opinion that it will dip, news is driving this trend like never before.
Yesterday it was already on 12k on some brazilian exchanges!
I expect lot of investors wil buy bitcoin for themselves before they buy it for theirs clients on 18.12. when CME starts trading bitcoin futures.
https://steemit.com/bitcoin/@petermail/how-big-bitcoin-will-b