Bitcoin hits an all time high of ksh.934,500

Technology Sep 01, 2019

Bitcoin (BTC), the most popular digital asset in the market, for the  first time in 2019 reached a new high of above ksh.934,500 ($8900) on  Sunday before retracting slightly, according to CoinDesk’s price data.  The last time Bitcoin peaked that high was in May 2018.

“Goodbye meme triangle, hello $10k+ targets. Some people were   screaming triple top when the more obvious conclusion is retest after   retest of resistance will finally lead to a break to the upside. Bitcoin   could cool off, run sideways but IMO will continue to move up over  $10k,” said Crypto trader Josh Rager who is expecting more gains with  BTC  pushing past $10k.

At the time of writing, Bitcoin was trading at ksh.917,412.3  ($8,737.26). Meanwhile,  other highly ranked cryptocurrencies like  Ethereum (ETH), Litecoin (LTC), XRP and Bitcoin Cash were trading at  ksh.26,767 ($267.67), ksh. 11,952.15 ($113.83), ksh. 44.247 ($0.4214)   and ksh.45,450.3 ($432.86) respectively.

If the value of Bitcoin continues to see an upward trend in the  coming days, it could very soon breach the ksh. 1,000,000 ($10,000)  mark.

Source: CoinDesk

Stephen Ajulu

Hi there? My name is Stephen Ajulu. 🤓 I am a Front End Web Developer, Graphics Designer, Ethical Hacker and Author of this Blog. Here i talk about Technology, Cybersecurity and Self Improvement.