Bitcoin Up ~40% From Bottom

in #cryptocurrency7 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...

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Sully from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.