Bitcoin Price Reached $8846 Per Coin, Analysts Expect $28K
Bitcoin price does not stop surprising us, and it manages to do it in a good way. After the most devastating crypto winter ever, Bitcoin slowly returns to its positions and value of more than $8000. According to the CoinMarketCap, last night, Bitcoin increased by approximately 11% and the price indicator showed $8846.91 at 4 am. Later, the price slightly fell down and stabilized at the point of $8700. The price of Bitcoin at the time of writing is $8715. [caption id="attachment_39768" align="alignnone" width="679"] Source: CoinMarketCap[/caption] Interestingly, Bitcoin investors will finally get a profit. Those who invested in the world’s first crypto one year ago can now sell at a profit since the surge awarded bitcoin a green yearly candle of +8.83%, according to CCN. Analysts are also quite optimistic about Bitcoin price and further bullish market. The host of Keiser Report on RT and investor in crypto, Max Keiser, said that $28,000 is in play following Bitcoin’s rally above $8,600. We remind you that Subscribe to The Coin Shark news in Facebook: