Bitcoin $1000 – Third Time Is A Charm


If you have been following cryptocurrency this month then no doubt you have been keeping a close eye on the price of Bitcoin($BTC). For a third time, the electronic currency has a market price of over $1000.

 

Some had guessed that this occurrence would happen last night but the rally was delayed and waited until early today break past this crucial resistance.

coindesk-bpi-chart

12 hours chart via coindesk

Will this current rally hold or will Bitcoin be made to collect more solid support before these recent gains can be looked at as a win for the community of bitcoin enthusiast and investors?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s