Category Archives: Hong Kong protests

Auto Added by WPeMatico

Bitcoin Steadies Above $9,200, New High in Sights

Bitcoin Steadies Above ,200, New High in Sights

Bitcoin looks to have firmed up its support levels above USD 9,000 in the middle of the week, with the day’s low only briefly staggering to USD 9,041, before the past 12 hours lifted the price to trade above USD 9,200, with London trading at 9:00 am UTC showing a price of USD 9,258 (CoinDesk).

Previous to that, Asian Bitcoin bulls took their time but showed familiar strengths as they ensured Bitcoin started Europe trading almost 1% higher than it did 24 hours ago, with significant volumes also registered in Hong Kong, where Bitcoin price has been at a 1% premium ever since demonstrators took the streets to protest against local leadership and a controversial new legislation for extradition.

Hong Kong Drives Bitcoin Price Up Due to Fears of Mainland Control

— Ben (@predictevo) June 20, 2019

With the first half of the week showing such promise, Bitcoin bulls are hopeful of yet another new high for 2019, if not an all-out push to break a huge psychological barrier at USD 10,000. Most signs are pointing to the former at least in June, with a first target of USD 9,500 the milestone to watch out for.

Bitcoin Price Prediction: BTC/USD Likely To Trade Past $9,500 #Blockchain #BitcoinPriceAnalysis #BTC #btcprice #Price

— Crypto Mak 🌐 (@crypto__mak) June 20, 2019

Meanwhile, growing hashpower to make the Bitcoin network stronger than ever, increasing number of transactions to prove that utility is expanding, and over a million Bitcoin addresses actively transacting as evidence of growing adoption — all point towards strong fundamentals on the way towards a new bull run.


BitcoinNews is committed to unbiased news and upholding journalistic codes of ethics. For more information please read our Editorial Policy here.

Follow BitcoinNews on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews:

Image Courtesy: Pixabay

The post Bitcoin Steadies Above $9,200, New High in Sights appeared first on