Bitcoin: Analysts Call $11,500 Top For Latest BTC Surge, Will it Happen?4

After months of anticipation, Bitcoin (BTC) finally broke past $10,000 on Friday, registering an astounding 11% gain. As of the time of writing this, buying momentum has slowed, as made apparent by BTC’s rejection of $11,200 and the subsequent sell-off to $10,300.

As a result, some have already begun to postulate about where this current upswing will end, meaning where Bitcoin will peak prior to a retracement. Interestingly, a number of analysts are settling on one, paramount price point — $11,500. Here’s why.

Original source
https://www.newsbtc.com/2019/06/22/bitcoin-analysts-11500-top-latest-btc-surge/

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