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Bitcoin crossed 11500 $ prices.Crypto traders having the eyes on 15k price soon

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Bitcoin (BTC) is on the skyway from the last week and gained more than 30% growth. Today bitcoin crossed 11600$ prices in the first time this year.



And crypto traders are so positive about the BTC growth that they believing soon Bitcoin (BTC) will cross the 15k price barrier too


Bitcoin was trading at time on11550$ on the Binance Exchange and its gone high up to 11750$ there with the 5% growth in the last 24 hours.


On the Binance future it crossed over 12147$ prices for future trade.




The crypto community is very much positive for the Bitcoin (BTC) prices and they believe it could be hit 15000$ soon in this week as its first day of trading and bitcoin already trading at 11500$. the market structure of Bitcoin would remain compelling if it holds $11,400. Stability above the $11,400 level would show that it has turned into a support level.


Why bitcoin running so high?


There is a big tension of war going between the USA and China at this point. so investors are sending their money in safe assets like gold and silvers. so they also investing in bitcoins as a safe asset .


Furthermore, CME Bitcoin futures saw its most active session for the year over the past week, with open interest climbing to record highs, hinting at the increased institutional appetite for BTC.


For most crypto traders, BTC breaking past $11,500 was a bullish move more the cryptocurrency as it laid the foundation for further upside moves.


At the time of writing, Bitcoin (BTC) is trading at $11,666 and is up 27.4% on a 7-day timeline.

JULY 31, 2020