Bitcoin breaks $ 88,000, DOGECOIN and Tron lead

The price of Bitcoin (BTC), the upper cryptocurrency, 88,205.35 dollars, and 1.00 % over the past 24 hours. The maximum market is now $ 1.75 trillion with 24 -hour trading volume of $ 38.58 billion. The currently traded offer is 19.85 million BTC.

The past $ 88,000 represents an important milestone and technical sign. Bitcoin is still almost 20 % less than the highest level of less than $ 110,000 that hit it before Trump’s opening. With the approaching price of the Bitcoin to the resistance level of $ 90,000, analysts such as Jamie Courts can expect that the cryptocurrency can reach $ 132,000 by the end of the year, driven by expanding the scope of cash (M2). COUTTS’s dropping is in line with predictions from economists Timothy Peterson, which suggests that Bitcoin reaches $ 138,000 within three months.

However, some analysts maintained a cautious look. Michaël Van De Poppe has warned that weekends may be misleading. They also said that the price of bitcoin may suffer from a decrease before hacking large resistance levels. The following main obstacle is seen about $ 91,000, and until this level is exceeded, short -term price corrections may still occur.