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Writer's pictureRaymond Chai

OTCbid - Bitcoin price nears $15,000 as FOMO reigns over the crypto markets




" . Bitcoin price is on the verge of breaking $15,000 for the first time since January 2018. 

  • BTC seems unstoppable, hitting 65.6% in market dominance and aiming for more.

Despite several indicators showing the flagship cryptocurrency to be overextended and the uncertainty surrounding the US presidential elections, Bitcoin has continued climbing towards $15,000. 

With very little opposition above, it seems that Bitcoin has no limit and will likely hit its all-time high at $20,000 again. Despite the current price, it can be observed a massive spike in the number of holders with 100-1,000 coins from 13,754 on October 30 to 13,986 currently. This metric shows investors are still extremely interested in BTC even though the price is already quite overextended. " - Read Full Article


Source: FXstreet





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