Altcoin Analysis: Bitcoin Passes $4,000 Mark — Is It Going to Continue Up?

February 19, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Marko Vidrih
Feb 19 · 2 min read

BTC course went up again. In the last 24 hours, Bitcoin increased significantly, the important $4,000 was passed and analysts believe it will only go higher.

The entire market has been on the upswing for about a week, with Ethereum achieving double-digit price gains. Thus, the ETH passed XRP and is now the second most valuable cryptocurrency according to market cap again. Overall, the total market capitalization went up by 9 percent compared to the previous week.

However, Bitcoin is still crucial: Bitcoin is the first cryptocurrency and with a 2,3 percent plus, the BTC is holding back the psychologically important $4,000 mark, which analysts see as a start signal for a rally up to $5,000. Most of the altcoins are currently on green.

Author: Marko Vidrih

Chart via TradingView


Follow us on Twitter, InvestFeed, Facebook, Instagram, LinkedIn, and join our Discord and Telegram.

Read about our upcoming Altcoin Magazine Mastermind Event here.

ALTCOIN MAGAZINE

The best damn place to read and write about crypto and blockchain.

Marko Vidrih

Written by

I love writing, and that is why I do it. A passion for not only providing the information but for helping people understand.

ALTCOIN MAGAZINE

The best damn place to read and write about crypto and blockchain.