Fri, 08/02/2019 - 06:49

Bitcoin Starts August with a Bang as Its Price Surges Past $10,400

The bulls might be finally out of the woods as Bitcoin is vying to hit $10,500

Cover image via 123rf.com

After its disastrous performance in July, Bitcoin started August on a high note by surging to the $10,400 level. At the time of writing, BTC is trading at $10,453 with a five percent daily increase, according to CoinMarketCap data.

Trading expert Josh Rager now claims that August could turn out to be a good month for Bitcoin.

$BTC... finally some nice follow though for Bitcoin

A close above previous 4hr resistance is a nice sign

The good news about the death cross is that it leads to a golden cross as the 50MA is already starting to turn up

August could turn out to be a good month for price, IMO pic.twitter.com/4RmfJh1uEN
— Josh Rager 📈 (@Josh_Rager) August 1, 2019

Meanwhile, cryptocurrency research boutique Delphi Digital recently released a new report, which explains that monetary easing around the globe will push the Bitcoin price to new highs this year.

Subscribe to CryptoComes.com on Twitter,and get involved in all top daily crypto news, stories and price predictions!

Bitcoin Price Prediction

Cryptocurrency Market

Alex Dovbnya

Alex covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. He’s a firm believer that Blockchain has the potential to reshape pretty much every business out there, and cryptocurrencies are only a stepping stone to the upcoming decentralized revolution.