NewsPrice Analysis

Bitcoin Price Breaks $10K Barrier

In Past 24 hours time period, Bitcoin price has surged back above $10,000 per bitcoin after having a fourth bullish day in a row.

While Bitcoin price surged up with 5%, the major cryptocurrencies are in green with the total market cap of $283 billion. The bitcoin price is up 10% over the last three days.

On 1st August 2019, towards the end of Thursday, BTC/USD shot up from $9,915 to $10,225 within one hour. The next day, during the early hours of Friday, the price has driven further to $10,230.

Further, it opened the doors for more gains above the $10,400 level and the price reached $10,500 resistance level. Therefore, there are high chances of more gains above the $10,500 and $10,600 levels in the coming sessions.

According to Coinmarketcap 

Bitcoin Price                   $10,462.14 USD 

Bitcoin ROI                        7,632.55% 

Market Rank                      #1 

Market Cap                      $186,773,491,159 USD 

24 Hour Volume              $16,786,891,433 USD 

Circulating Supply             17,852,325 BTC

  • Hourly MACD  is slowly losing momentum in the bullish zone.
  • Hourly Relative Strength Index for BTC/USD is currently correcting lower towards the 55 levels.
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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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