Bitcoin price prediction May 2019 Updated
Bitcoin price has started setting new limits and breaking them within a very short time. Within nine days the largest digital asset has formed new 2019 highs and broken them all over again while trending to higher levels. The recent break above $6,200 was not a surprise to the ardent follower of Bitcoin as it had been predicted to hit the same level at the beginning of the surge in April.
The 4-hour chart shows Bitcoin battling to stay above $6,300. The retracement comes after BTC/USD hit a high of $6,097 during the Asian session on Thursday. Fortunately, the price is supported by strong positive levels. The RSI is holding tight in the oversold while the MACD is sitting comfortably in the positive territory. Bitcoin is trading above the EMA200 to show that it is in a bullish zone and could trend even higher.
with the same speed, btc will be easily hit the icoviral predictions for the Month of May 2019. btc at $13000, although the market will not be much fruitful for altcoins,