Bitcoin maintains an upward trend and reaches US $ 18 thousand

Trading analysts estimate the market's top cryptocurrency could hit $ 20,000 before Christmas

This Wednesday investors in the crypto ecosystem were pleased by the upward trend of bitcoin, which reached US $ 18 thousand. According to market analysts, the top cryptocurrency could hit $ 20,000 before Christmas.

The fluctuation in the price of bitcoin has boosted the commercialization worldwide, thanks to an increase of 6 % in the last 24 hours or more than US $ 1,000 in the last day.

Among the reasons to support this increase in the value of bitcoin, compared to those experienced in 2017, is the preference of investors towards the digital asset as a means to store value compared to traditional financial systems.

The history of the digital asset has seen boom and bust moments in its 12 years, which has not made bitcoin holders doubt the consolidation that the crypto ecosystem has achieved around the world.

Currently, the main cryptocurrency on the market is close to its highest historical value; that is, the US $ 20 thousand, which could happen before the Christmas holidays this year.

M.Pino

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