Bitcoin Price Up To $7,341 Right Now!

in #bitcoin6 years ago

I'm extremely shocked to see the price of bitcoin rise so much in one day. It makes me happy to see the price rise so much. Right now the price is all the way up to $7,341 and has gone up by 9.02% in the last 24 hours. That's the biggest increase I've seen in a good while.

Yesterday the price was at $6,737 when I checked and now it's a good bit over $7,000. I'm a little excited to see what the price does in the next few days, but I'm a little nervous that the price might drop any time now. I will keep on checking the price and we'll see what happens.

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It was a descending wedge pattern the last month. According to the Fibonacci chart, $5800 was the absolute lowest level, then the retrace to $6800, back down to $6300, and now over $7300!! This is huge news. It’s breaking out right now, but we need to see a push to $8000 and big things will happen. If it goes back to $6000 or below again, we could see $3800 again, and everyone would be in trouble.

In my knowledge it will rise up to 8500$ in this week end.

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