Btc price decreased to $309 after a flash crash on the bitcoin trading platform BTC-e.
On Thursday, June 11th, BTC remains positive but does not demonstrate any bursting growth. Bitcoin is generally trading at $9,750 today.
It has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks.
Current data from CME and other Bitcoin price monitoring bodies have shown a bullish activity among institutional investors which may help Bitcoin price to hit $13,000 in June-July
On Thursday, the leading cryptocurrency keeps correcting, which is absolutely logical after the latest movements. Today Bitcoin is generally trading at around $9,500.
As traders eye the biggest quantitative easing program ever undertaken, Bitcoin could outperform the wider market in 2020 with investors scrambling to keep up with a rapidly evolving and uncertain situation.
Blockstream’s Adam Back is rather bullish about the future of Bitcoin. He said that the level of $300K per Bitcoin is real.
BTC fails to breach its $10,500 yet again for the third time in the last eight months. Major liquidation and miner inefficiency pull Bitcoin price lower.
Bitcoin managed to reach $10,000 again but failed to go higher. Mike Novogratz explained that the current situation in the U.S. is the reason for its growth. However, now BTC is below $9,500.
Bitcoin (BTC) has managed to go above $10,000 level. Meanwhile, riots across the U.S. are going on after the killing of George Floyd by Minneapolis police officers.
The expiration of $328 million in BTC derivatives can lead to more volatility. Now Bitcoin price has gone slightly below the $9,500 level.