Bitcoin Close To Test The $10800 Support Level
The world’s largest cryptocurrency which is currently trading at $10,625 with a positive change of 1.50 percent is expected to surpass the recent ATH level soon. Recently, Bitcoin had crossed $12000 mark but failed to find a support level above the mark.
As DMN had reported earlier that Bitcoin needs to attain $10450 support level to exceed $11000 mark. Currently, Bitcoin has achieved new support levels above the mark and hopefully would touch $11000 mark very soon.
However, James A.Williams, Co-founder and partner at Morgan Creek Digital has predicted a major bull run for Bitcoin. He said that Bitcoin will hit a new All-Time High(ATH) on or before October 31st, 2020.
When asked for the base for the prediction, Williams said with more than two years of experience and some insights from Plan B. Plan B is an anonymous insight provider who has predicted a $100 trillion for a single Bitcoin in the future.
However, his prediction received mixed responses from the followers. Some of them hoped that his predictions to turn into reality but other half of masses doubted it to happen in just a span of a month.