Skip to main content

Bitcoin steps back from close to 38k again

On November Bitcoin rose to its highest level of the year when it reached 37,973. Yesterday it came close to that, when it charged higher towards that level. As reported on here that was seemingly due to some crazy price forecasts from a leading proponent of crypto. The move extended a bit more earlier today, reaching a session high in Asia at 37,972. So, as you can see, so far it has stalled right where it did last week, give or take $1. The price has dropped back to as low as 37,353 since that earlier high. It is off session lows right now, but it will be interesting to see, if that earlier high holds and what that might mean thereafter, if it does. Bitcoin is currently trading at 37,575
 

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!