Bitcoin price – Why Bitcoin price simply hit $19,000 for the primary time in three years By Fintech Zoom

Why <a href=Bitcoin price simply hit $19,000 for the primary time in three years ” id=”carouselImage” src=”https://d1-invdn-com.akamaized.internet/content material/pic038561235ab9170cbc612e138a126f0f.jpg” fashion=”visibility:hidden”/>Why Bitcoin price simply hit $19,000 for the primary time in three years

The price of (BTC) hit $19,000 on Nov. 24 for the primary time because the historic rally in December 2017. Three key causes are behind the dominant cryptocurrency’s robust momentum.

The primary elements buoying BTC’s ongoing rally are whale accumulation, lowering exchange provide and explosive quantity developments.

weekly chart (Bitstamp). Supply: Tradingview
Unspent Bitcoins at every whale cluster. Supply: Whalemap