Bitcoin Price prediction today – In a surprising turn of events after the negative ETF ruling, the Bitcoin price surged past $1200 this week only to settle under this in the past 24 hours. Altcoins continue to surge this week – is this due to the transaction delays in the Bitcoin network or the scaling debate; Altcoin price speculation with higher risk and returns or the belief of their individual role in the digital currency space.
The fundamentals are still strong for Bitcoin – we are coming up to a rate increase cycle as the US Feds upped the interest rate followed by the People’s Bank of China a few hours later. The Dutch election result bods well for the status quo and EU. Events to watch, Japan legalizing Bitcoin as a payment system plus upcoming French and German Elections.
Thank you for all the price predictions – this weeks prize is 0.2btc and if not won, the prize next week will be 0.3btc. If the prize is won, the weekly prize will start at 0.1btc. Good Luck!
25% discount when you purchase Cryptopay debit card – CLICK HERE
Get a FREE BITCOIN EDUCATION and keep abreast of the news by following
Please leave your comments below