Where Does the Bitcoin Price Stand?

Where Does the Bitcoin Price Stand?

Bitcoin has undergone a healthy rise over the last few weeks. Spiking to about $745, many questioned whether the digital currency was on the verge of hitting the $800 mark, which seemed relatively likely at the time considering bitcoin’s ongoing ascension. Sadly, things didn’t quite turn out that way. Following rumors of newfound bitcoin regulation in China, the price ultimately fell to around $705 at press time, causing many investors and crypto-enthusiasts to panic. The price is now beginning what appears to be another gradual jump to the top, currently sitting at the $709 mark, but a....


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Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching a major suppot near $32,350, where the bulls might take a stand. Bitcoin started a downside correction from the $36,650 zone. The price is now trading below $34,500 and the 100 hourly simple moving average. There is a key […]