Bitcoin Price Stable around $6,600, CEO of deVere Group Forecasts BTC Is On Verg

[Goodcat49]

Bitcoin (BTC) is preserving stability with negligible trend around $6,600. However, Nigel Green, deVere CEO, an autonomous financial advisory organisation, is optimistic that an upward swing is arriving as Fear of Missing Out (FOMO) will push the BTC and Cryptocurrency price higher by the end of 2018.

The world's top digital currency is shifting but at a tortoise pace. At press time, Bitcoin is standing at $6582 while being just in the red (-0.50%). As per the Tradingview data, BTC's price today ranges between $6,555 to $6,660 and it shows a lot about the unpredictably on a specific day.



BTC Dominance Falls
With a market capitalisation of $114 billion, BTC has been handling a 24-hour trading volume of around $4 billion but that has taken a plunge. Furthermore, Bitcoin dominance has also reduced to 51.3% which has hit more than 58% in the mid of last month. Albeit, since then, it's highly or lowly constantly plunging.



Currently, BTC prices seem to be inactive but as per Nigel Green, FOMO will push the price higher and higher, not only that of BTC but other digital currencies at large.

Lately, Nigel forecasted Ripple (XRP) to reach $1 in 2018 and now shares his strong views of BTC and cryptocurrencies:

“Bitcoin and other cryptocurrencies are, I believe, on the verge of a true global breakout. This is largely due to FOMO – the Fear Of Missing Out.”
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-stable/