Jinxed It? Indicator Bets Bitcoin Won’t Fall Below $10K After August

Jinxed It? Indicator Bets Bitcoin Won’t Fall Below $10K After August

Gate Trade News Wednesday, June 3, 2020 51 0

Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again.

 

Bitcoin (BTC) will never cost less than $10,000 again after August this year according to a price indicator gaining popularity among investors.

 

In a tweet on June 2, Timothy Peterson of asset manager Cane Island Alternative Advisors drew attention to a watershed moment for the largest cryptocurrency.

 

According to Lowest Price Forward (LPF), in just two months’ time, Bitcoin will see $10,000 per coin for the last time ever.