Bitcoin (BTC) Price Ready to Destroy $10,000 Level Any Minute Now
Bitcoin has pumped almost twenty percent over the past twenty-four hours, adding around $1,000 to its value.
At the time of writing, the world’s most prominent cryptocurrency is trading at $9,214, having retreated from the $9,300 zone. Still many, including Bitcoin educator and YouTuber IvanOnTech, believe that Bitcoin is targeting areas beyond $10,000 and could break that level very soon.
‘Ready to destroy $10,000 any minute now’
IvanOnTech expects Bitcoin to rise above the $10,000 resistance soon, reminding the community that BTC is the top-performing asset this year so far.
#Bitcoin is the best performing asset of 2020!— Ivan on Tech (@IvanOnTech) April 30, 2020
We are ready to destroy the $10,000 level any minute now pic.twitter.com/dVkMFaQzjP
The CEO of Pantera Capital, Dan Morehead, has also shared a table that compares Bitcoin’s performance to that of other top assets this year. He says that Bitcoin was born during a financial crisis and will become even stronger in the current one.
#Bitcoin overtakes Gold Year-To-Date.— Dan Morehead (@dan_pantera) April 29, 2020
Bitcoin was born in a financial crisis. It will come of age in this one. pic.twitter.com/Lw2Sn9RtR1
$11,500 per one BTC due to FOMO?
Cryptocurrency trader ‘Anondran’ believes that among the things pushing Bitcoin up at the moment is FOMO (fear of missing out). In his semi-joking prediction, he recommends FOMO buyers back off, otherwise, Bitcoin may easily reach $11,500.
“Should we tell the fomo buyers to calm down or is this thing going straight to $11500? $BTC”
‘I doubt BTC will stay above $10,000’
In his recent tweet, technical analyst and Forbes contributor Naeem Aslam writes that even with the Bitcoin price on fire today, and a chance of the approaching halving pushing BTC above the $10,000 level, he doubts Bitcoin will remain so high for long.
#Bitcoin is on fire today, the halving event may push the price above the 10K but will it stay there? I doubt that! pic.twitter.com/J2o2RHDsEm— Naeem Aslam (@NaeemAslam23) April 30, 2020