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.

Source: CoinMarketCap

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

Crypto Mining Is Gaining Momentum Amid Bitcoin Price’s Growth

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