Bitcoin Closes On $11k as Fourth Parabolic Phase Begins, $100k Target Possible

As predicted yesterday by traders, analysts and us at NewsBTC, it would not be long before Bitcoin broke the psychological $10k barrier. That milestone was reached a few hours ago during the Saturday morning Asian trading session.

Bitcoin Surges to $10,900

The surprise was what came next as Bitcoin did not even take a breath before surging even higher. Many had predicted a lot of profit taking at $10k but this has not been evident yet. Notching up a 10 percent gain on the day, BTC settled at $10,900 a few hours ago. Volume has surged to $23 billion as market capitalization closed up on $200 billion, almost two thirds of the entire crypto market.

Read more at NewsBTC

#BTC #Bullish