Bitcoin Watch – Bitcoin could be in store for a repeat surge

27 January, 2019

Popular cryptocurrency analyst, Josh Rager recently used Twitter to share an interesting theory regarding Bitcoin's previous longest running bear market surge. In 2013, after a significant surge in price, Bitcoin dived by over 85%. What followed was a climb to Bitcoin's highest price in history at almost USD20,000. According to Rager the same dive has occurred following a similar bear market surge. This means that the cryptocurrency could face a similar surge which would exceed the USD20,000.

https://twitter.com/Josh_Rager/status/1088232597245841408

Stay updated here with how the cryptocurrency is tracking:

baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=BTC&tsyms=USD'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })();