The price of Bitcoin had presented an upward trend, on several occasions it tried to break the $ 9000 without being able to succeed, however the cryptocurrency has managed at this time to surpass the $ 9000 dollars, positioning itself above the $ 9150.
This 2018 Bitcoin price had a strong fluctuation since from January to March the value fell to a minimum of $ 6300, one of the main reasons why the Bitcoin had a strong setback were the regulations and constant thefts to different exchanges, between the most prominent was the robbery of Coincheck.
However, after more than 4 months of waiting, the market starts to be bullish and the values return to recover. At this time the value of the BTC reports an increase of 3.79% and continues to increase very strongly seeking to reach $ 10K.
The current market outlook gives us strong indications of a change in trend, obviously we will have setbacks along the way, however they would not be as strong as we have seen before, allowing the price of Bitcoin to continue in the uptrend.
It is important to bear in mind that the market is volatile and we have seen it on other occasions, so even though the price is in an uptrend we must be careful not to get caught in a profit taking.
Some analysts have said that, the price of Bitcoin will reach $ 20,000 dollars in this 2018, similar cases have been seen in previous years with lower price volumes but with similar graphic panoramas.
