Bitcoin May Soon Set Fresh Year-To-Date Highs, Assuming it is Able to Surge Past $8,800

[bitcoincash]

Although Bitcoin faced some levels of downwards pressure earlier this week, it has since been able to recover and appears to be continuing to extend the upwards momentum it has incurred over the past several weeks.

Now, Bitcoin is only a stone’s throw away from setting fresh year-to-date highs, and one analyst is quick to note that it may soon surge past the important resistance level around $9,000, assuming it is able to continue climbing past $8,800.

[Esteriayaoba]

For now, I can only see bitcoin dipping which for me is perfect because I get to enter some undervalued altcoins at very cheap prices. Coins like Neo, Icx and Veil are at good prices now... You should focus more on bagging altcoins at these moment ve ause altcoins session is near.

[Torahano]

Excellent strategy. I also have some similar thoughts. But eventually, I think that it might be only short term and very short reversal, as investors are again interested in entering long in BTC. There is also huge potential for altcoins as they usually follow the price of BTC