Bitcoin Up ~40% From Bottom

in #cryptocurrency6 years ago (edited)

Over the past week and a half Bitcoin has rebounded spectacularly. While it briefly touched about 6500 it is now at almost 9000 at the end of equity trading in the US. While statements in Congress have helped the price of Bitcoin here in the US, it is more likely that the rally in the overall markets has also fueled some of the recovery.

While it's not clear where the price of Bitcoin will go from here, I would be surprised if it races back to all-time highs without a small correction. However only time will tell...

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