As the only one of the top five cryptocurrencies to have appreciated in the last 24 hours, you could say that Bitcoin is the cool kid at the party (again). It is fast approaching our Bitcoin price forecast.
Many of them are rotating funds from altcoins to Bitcoin. This could either be an attempt to capitalize on soaring BTC prices or else voice support for Bitcoin Classic ahead of the hard fork. Or perhaps it’s both—they aren’t mutually exclusive, after all.
For those who may not be familiar with the Bitcoin hard fork, it is an attempt by renegade Bitcoin developers to protest upgrades to the blockchain. There was a similar attempt at the start of August, which some of you.
The post Daily Bitcoin Price Forecast: BTC Is One Trading Session Away from $5,000 appeared first on Profit Confidential.
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Daily Bitcoin Price Forecast: BTC Is One Trading Session Away from $5,000
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