btc to usd bitcoin price analysis prediction 17 april 2019

Those investing in Bitcoin for some time now are aware that the markets go through a lot of ups and downs before a bull-run finally sets in. BTC to USD price has gone through a lot of ups and downs but now the time has come that a bull run is about to set in. The latest Bitcoin price analysis indicates that the BTC/USD pair will soon cross $10,000.

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Bitcoin price analysis 17 april 2019
Image NewsBTC

Let us take a closer look at where Bitcoin stands right now and where the graph is eventually heading towards.

BTC to USD: The Current Position

As of this writing, Bitcoin price stands in at $5,243. However, looking at the week-long picture, we can see that the price is rather stable. $5421 was the highest point of the week while $4959 was the lowest. Nevertheless, the BTC/USD pair held a median price of $5120 throughout the week.

btc to usd price 17 april 2019
Image EthereumWorldNews

The growth has been rather strong, especially when one looks at the larger picture. A month ago, Bitcoin price stood at $4,011. From there, it has been a growth of $1,000 – a 25% jump in just one month.

BTC to USD: Bitcoin Price Analysis Points at $10,000

The BTC/USD pair is likely to continue growing in a similar pattern. A long term period of stable growth with a sudden and sharp rise. The next jump is likely to take Bitcoin beyond $6500, from where it will head to $8,000 and eventually $10,000.

btc to usd price growth bitcoin price prediction
Image Sky News

These numbers are based on the trend of growth that BTC to USD price has shown over the past month. This is indeed a great time to invest.