Categories: Bitcoin

Bitcoin Price: BTC Stands at $3,800 with Pleasant Signs of Growth

Bitcoin has started to stabilize in terms of valuation recently at nearly $3,800. After a long bear market and being in a state of a continuous plunge, the market has shown signs of stability and subtle growth. As of today, the market has shown pleasant signs of greens.


Although the market is showing subtle growth, the momentum building is still missing, and the direction of the market is still undefined. Sukhi Jutla, Founder & COO of MarketOrders believed that the uncertainty might continue for quite a while. She stated,

Crypto’s are still recovering from the volatility of 2018, lots of uncertainty still remains and will continue to do so for the next 6 months.

Mati Greenspan, the leading market analyst of eToro believed that

The broader range is between 3k and 5k. Most moves within the range are just noise.

Most people of the crypto market have their eyes on the BTC ETFs at the moment. Most experts believe that the custody services and ETFs might actually bring an end to the bear market, while others disagree and believe that an ETF might actually not affect the market as much as it is anticipated. Recently,

Gordon Chen, founder of the blockchain project, Neutral, stated his opinion talking to BlockPublisher,

An SEC approved Bitcoin ETF would be a notable landmark for crypto, but the effects and monetary inflow likely will not be as profound as some would expect.

Similarly, others from the crypto space believe that once security and regulations are by far the most important thing in crypto to increase trading volumes and resultantly, the market cap and valuations. The technical minds still believe that implementation of new technologies, bringing better use cases, fixing the UI and UX to be able to compete with the centralized applications, scalability, custody services, partnerships, and bringing developers to blockchain to make dApps for everyday use are the factors which would affect blockchain and crypto in the most positive way.

Shehryar Hasan

Performing artist, guitarist and sub-editor at BlockPublisher. Shehryar is an electrical engineer and blockchain enthusiast. He holds investments in bitcoin, ethereum, OST, TRX and Ripple. Email: or contact the editor at

Published by
Shehryar Hasan

Recent Posts

WEF for Data Privacy – Davos Finally Rose-Up to the Occasion

Some of the world's think tanks and ruling elite gathered last week for the 50th edition of World Economic Forum…

January 27, 2020

Cryptocurrency Exchanges For The Millennials!

Stepping into the crypto-verse can be super scary! But, its okay. We've all been there. We've all learned with time…

January 26, 2020

5 Bitcoin T-Shirts That Will Make You Want BTC Like Anything

Still don't own bitcoin? Not a problem but these bitcoin tee shirts will definitely make you own btc and simultaneously…

January 18, 2020

What Role Does Cryptocurrency Play in the Mobile Gaming Industry?

Online gaming is a multi-billion dollar global industry. It is a phenomenon in itself that brought the world of entertainment…

January 8, 2020

2020 Crypto Market Prediction – Cryptos to Watch Out For

It would be fair to say that this year has been the continuation of bear market for almost all of…

December 30, 2019

Crypto Ponzi Scheme Netted $722 Million Worth Funds

Although the crypto market is testing the patience of investors and crypto enthusiasts all over the world, crypto scams and…

December 11, 2019