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Topic: [2019-06-21]Bitcoin Price Hits New 2019 High Inching Closer to $10,000 ‘FOMO’ (Read 107 times)

legendary
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 Grin

That's the kind of smile that someone does when get that kind of news.

Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies.

for some reason most of the altcoins increased of price in dollars and in relation to bitcoin

Data from Coin360 put BTC/USD trading at around $9,675 at press time Friday after a minor correction from earlier highs.

now it's is $9800

The performance further cements bitcoin’s bullish progress over the past three months, surprising investors once more after retaking the $9,000 mark this week.

and to think that when the price was $3300 many of these experts said that the price would fall a lot

Previously, commentators had begun forecasting a break to $10,000 would spark considerable demand among prospective buyers, who would then push the bitcoin price higher. They included serial bitcoin bull Tom Lee, who in a note to clients of his Fundstrat Global Advisors said 2019 could see BTC/USD reach as high as $40,000.

Here come Tom Lee again with another exaggerated forecast, this time is $40,000... I want to see December come and once again it fails in its prediction.

And I also wonder who are these  clients of him? Are these Tom Lee  clients not worried about their money being managed by Fundstrat? because I would definitely be very worried that Fundstrat would manage my money
sr. member
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Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies.

Data from Coin360 put BTC/USD trading at around $9,675 at press time Friday after a minor correction from earlier highs.

The performance further cements bitcoin’s bullish progress over the past three months, surprising investors once more after retaking the $9,000 mark this week.

Monthly (30-day) gains for bitcoin investors now stand at 26.5%.

Previously, commentators had begun forecasting a break to $10,000 would spark considerable demand among prospective buyers, who would then push the bitcoin price higher. They included serial bitcoin bull Tom Lee, who in a note to clients of his Fundstrat Global Advisors said 2019 could see BTC/USD reach as high as $40,000.

https://cointelegraph.com/news/bitcoin-price-hits-new-2019-high-inching-closer-to-10-000-fomo

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