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    ESP Blockchain Journal
    Home»Noticias»The price of Bitcoin overcame a milestone of $ 13,000 and continues to grow

    The price of Bitcoin overcame a milestone of $ 13,000 and continues to grow

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    By BlockchainJournal on junio 26, 2019 Noticias
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    Today, June 26, the price of the first cryptocurrency updated the next maximum, breaking the $ 13,000 mark.

    Half-hour BTC / USD chart of Bitstamp from TradingView

    At the time of writing, digital gold is trading at around $ 13,200, which corresponds to the marks of January 2018. The capitalization of BTC is $ 233 billion, the dominance index is 62.2%.

    It is also worth noting that, against the background of a rapid rise in the price of Bitcoin, the Mayer Multiple indicator rose above the 2.4 mark. The last time this indicator showed such high values at the turn of 2017-2018, when there were clear signs of a speculative bubble in the market.

    For example, in December 2017, the indicator reached a value of 2.4, when bitcoin was trading around $ 11,000. According to CoinDesk analyst Omkar Godboul, only 16 days later, the price of BTC rose to $ 20,000.

    As can be seen from the CoinMarketCap data, Bitcoin is growing faster than the rest of the top ten coins:

    Recall that some technical analysts admit a high probability of price correction to the level of $ 10,000 .

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