BITCOIN IS BOUNCING BACK,TRADES ABOVE $15000 - CALIPHATE MEDIA

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Tuesday, 26 December 2017

BITCOIN IS BOUNCING BACK,TRADES ABOVE $15000



 Image result for bitcoin
The world leading digital currency, bitcoin is regaining and bouncing back as it has passed the $15,000 mark on Tuesday. It has been recovering from last week's sell-off, which sent prices below $11,000 after the $20,000 record.
Bitcoin was trading at $15,500 on Tuesday, up almost nine percent. Its market cap reached $260 billion with its share of the cryptocurrency market sliding to 44 percent.
 Image result for bitcoin
FUTURE PREDICTION
It is predicted that Cryptocurrency entrepreneur Julian Hosp has predicted bitcoin will reach a new record high, but not before another price crash. This prediction was given by cryptocurrency entrepreneur Julian Hosp during an interview on cnbc
"I think we're going to see bitcoin hitting the $60,000 mark, but I also think we're going to see bitcoin hitting the $5,000 mark."
The recent gain recorded is indeed a welcome relief for crypto investors and traders after last week market crash.

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