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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