Bitcoin (BTC) has been surging consistently in the last few weeks, sometimes experiencing short dips which have not succeeded in holding it back. It recently tried to soar towards the $6,000 support it maintained before the phenomenal crash in 2018.
Although it later dipped below $5,500, a level that was expected to become the new support level, a cryptocurrency analyst known on Twitter as ‘UB’ believes it will still surge back above that level.
SOURCE (https://zycrypto.com/bitcoin-likely-to-soar-higher-despite-short-dip-below-5500/)
At this moment in time, Bitcoin is down by -3.35% and trading at $5,302.51. So, do you believe Bitcoin will still surge back above this level? Kindly share your opinion thanks.