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Market Strategist Sees BTC Soon Hitting Between $11,500 And $11,800

Published 04/24/2018, 04:47 AM
Updated 04/24/2018, 06:02 AM
Market Strategist Sees BTC Soon Hitting Between $11,500 And $11,800
BTC/USD
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Bill Baruch of Blue Lines Futures sees the crypto sector as continuing to rise in the long term, with the “ultimate upside” for Bitcoin (BTC) being between $11,500 and $11,800, according to a CNBC video posted yesterday, April 23.

CNBC notes that Baruch “has been right before.” In February of this year, when BTC’s price dropped to below $7000, Baruch had predicted that Bitcoin would “recover from this low.” BTC is now trading at around $9,280, up over 2 percent over a 24 hour period to press time.

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