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May 27, 2019
The Surging of Bitcoin
Bitcoin, Now at $8,000, Has Bullish Momentum Towards $20,000, OKEx Executive Says

Bitcoin (BTC) surging over 10% to $8,800 today is an exciting yet expected news to the market. While it once hit a low at $3,130 in December 2018 from its last peak from a year time, the leading crypto asset has taken 5 months to retrieve the bullish mood, with more than double of its price.

"$20,000 is a conservative prediction for Bitcoin price in 2019, as I said last year," said Andy Cheung, Head of Operations of OKEx. "The rally won’t stop here, because more institutional investors are coming into the market and the 2020 halving effect starts to take place. We are thrilled to witness such bullish trend and I look forward to a new high the Bitcoin deserves. Bitcoin is not just a coin, but a spirit that hinders the crypto-industry."

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About OKEx

OKEx is a world-leading digital asset exchange headquartered in Malta, offering comprehensive digital assets trading services including token trading, futures trading, perpetual swap trading and index tracker to global traders with blockchain technology. Currently, the exchange offers over 400 token and futures trading pairs enabling users to optimize their strategies. The platform provides a safe, reliable, and stable environment for digital asset trading, serving millions of customers from over 200 countries and regions.

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