Cryptocurrency

February 23, 2020

Bitcoin Surpasses $10,000; Good Moment To Start Using Crypto Trading Signals

Bitcoin (BTC) is moving forward in the cryptocurrency market by reaching a new high this year. The digital currency has been in an upward trend since January this year and many consider that it is possible for it to reach a new all-time high in the coming months. One of the main reasons behind Bitcoin reaching $10,000 this time is related to the fact that in May, Bitcoin will be experiencing a new halving event. This would reduce the number of new Bitcoin issued to the market by half. In this way, if there is a shock in the demand for the virtual currency, the price is expected to be helping the market adjust itself. In this article, we will share with you which are the next price targets for Bitcoin (BTC) and how it would be possible for it to reach a new all-time high in the coming years. In addition to it, we will also tell you why using AltSignals could be a good way to improve your trading strategies.

Bitcoin (BTC) is moving forward in the cryptocurrency market by reaching a new high this year. The digital currency has been in an upward trend since January this year and many consider that it is possible for it to reach a new all-time high in the coming months. One of the main reasons behind Bitcoin reaching $10,000 this time is related to the fact that in May, Bitcoin will be experiencing a new halving event. This would reduce the number of new Bitcoin issued to the market by half. In this way, if there is a shock in the demand for the virtual currency, the price is expected to be helping the market adjust itself. In this article, we will share with you which are the next price targets for Bitcoin (BTC) and how it would be possible for it to reach a new all-time high in the coming years. In addition to it, we will also tell you why using AltSignals could be a good way to improve your trading strategies.

Could Bitcoin Reach $100,000?

There are some new targets for Bitcoin now that it has surpassed $10,000. Indeed, the next targets for Bitcoin to reach would be $20,000, $25,000, $50,000 and finally $100,000. The cryptocurrency market is very excited about what can happen with the largest cryptocurrency in the world and how it could affect other digital currencies.The whole crypto market is now expanding and it could reach new highs in the near future. Nonetheless, the overall market capitalization of virtual currencies is still far from what it was in December and January 2018 and 2019. At the moment, the total market cap is $287 billion, when at that time it was over $800 billion. 2020 and 2021 could be the years in which the whole cryptocurrency market could hit $1 trillion. This would be massive for virtual currencies that have been in a bear trend for over two years, from January 2018 until January 2020. While Pompliano considers that Bitcoin will reach $100k in the future, it may be possible for it to stay at any price between $25,000 and $100,000.

AltSignals Helps You Plan Your Trading Strategy

In order to improve your trading strategies, the best thing you can do is to start using AltSignals, one of the most popular crypto trading signals providers in the market. With it, you will be able to easily leverage the current bull market in the crypto space and help yourself get some nice profits. By following AltSignals crypto trading signals on Telegram, you will get privileged information on when to enter or exit a trade in a wide range of virtual currencies. The company is now offering trading signals for BitMex – in which users can trade with leverage. At the same time, they are now allowing users to follow Binance trading signals, allowing individuals to have exposure to a large number of trading pairs supported by the Binance exchange.

AltSignals Team

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

Editorial approach

At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

Commitment to quality

Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

Diverse knowledge

Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

Interactivity and support

We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

Future vision

Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

Join us

Follow AltSignals to stay up to date with the latest developments in the world of finance and technology, and explore how our insights can help improve your trading strategies. The AltSignals team is here to guide you through the exciting, dynamic and challenging world of financial markets.

Latest posts author AltSignals Team

Latest posts from the category Cryptocurrency