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What has happened to Bitcoin this week?

By PhoenixDev | CryptoWorld - CW | 15 Jun 2020


After Bitcoin was close to $10,000 last week, both on Thursday and Monday there have been two drops in the valuation of Bitcoin that has led it to be below $9,000 early in the morning today (around $8900 ).

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Then Bitcoin has started to recover and is already above $9100.

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Since the halving of May (in which the amount of Bitcoins that miners could earn was reduced), Bitcoin has found some resistance to exceed the $10,000 barrier, reaching the fall of recent days.

All of this could be part of a move due to both tapping Bitcoin's liquidity in the $10,000 range, and the overall decline in exchanges in the past week.

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Will it finally recover and break the $10,000 barrier? What do you think?

Tanks for reading this post and see you soon?

 

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PhoenixDev
PhoenixDev

Interested on Blockchain and Cryptocurrencies. Love photography.


CryptoWorld - CW
CryptoWorld - CW

News about Blockchain and Cryptocurrency.

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