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Bitcoin Pumped 6% To New 6-Month High & MarketCap Back to $10O Billion.

Will $6000 trigger the next Bull Run?

Finally after 6 months, Bitcoin market capitalisation is back to $100 Billion. According to the Coinmarketcap website which is well known Crypto market cap tracker today Bitcoin marketcap reached over $100 Billion and price of Bitcoin pumped to 6% and now its price trading over $5800 again at the time of posting.

Yesterday Bitcoin was trading around $5200 and sudden pump of $600 in Bitcoin within 24 hrs. which pushed Bitcoin marketcap to over $100 Billion which is highest since November 14.

Other major cryptocurrencies such as XRP, Litecoin, Ethereum, their prices often fall against Bitcoin when bitcoin price moves higher.

Now the question comes in mind, Will it be back to $6000 and trigger the next bull run?

According to previous records available, May month is always one of the best month for cryptocurrency. Last year in April 2018, Bitcoin price was around $6500 and within a month it pumped to $10,000.

Bitcoin has also formed its first golden cross since Oct. 27, 2015, marking a pivot point for the entire market and we may expect price over $6000 and if history repeats and we gain over 50% price, then in the month on May you may see Bitcoin price over $8000.

Disclaimer & Suggestion : Please always do your due diligence before investing in any cryptocurrency or project. This should not be treated as financial advice.


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