Bitcoin (BTC) surged in late Friday trading, smashing through the psychological resistance point at $10,000 before continuing to nearly $11,000 — marking its first time above the $10k level in over a year.
The price action comes on the back of a very bullish week in trading with Bitcoin now up more than 22%, bringing its total market cap to $192.8 billion.
Many are now predicting more gains in Bitcoin’s future, including Tyler Winklevoss, who believes the digital currency will quickly move above $15,000 now that it has broken $10,000. Others like Peter Brandt have taken more audacious targets.
ATTENTION: Psychological barrier broken…buckle up! ??
— Tyler Winklevoss (@tylerwinklevoss) June 21, 2019
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.