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Title: [2017-06-12] Bitcoin Price Flips Downward After Almost Reaching $3,000 Post by: Terraformer on June 13, 2017, 04:46:07 AM The price of bitcoin has been surging over the weekend almost touching $3000 per BTC on Sunday, June 11 across most global exchanges. The following day roughly around 6:30 am bitcoin’s price took a steep decline dropping to a low of $2700 but has since bounced back a touch after the dip.
Bitcoin Comes Close to $3K, but Highs Were Followed by a Steep Correction During the weekend throughout June 10-11 bitcoin’s price seemed to be forming a strong consolidation in the $2970-2980 range. It tried to cross the $3000 mark multiple times (it did on a couple of exchanges) with little success as the price per BTC topped a high of $2980 on the trading platform Bitstamp. After that, the June 12th morning dip seemed rather unexpected and looked to be merely some profit-taking for the time being. At press time the price has rebounded and is sitting roughly around the $2775 mark. Read more: https://news.bitcoin.com/bitcoin-price-flips-downward-almost-reaching-3000/ |