3 Reasons Bitcoin’s Price Could Soon Rise to $10K

Bitcoin jumped above $9,500 on Wednesday, ending a four-week-long low-volatility squeeze. 

Now the cryptocurrency looks set to climb toward the psychological hurdle of $10,000, as suggested by several factors.

1. Volatility returns

2. Institutional interest rising

3. ‘Risk-on’ markets

Disclosure: The author holds no cryptocurrency at the time of writing.


The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Let’s block ads! (Why?)

Source: Coindesk