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Author Topic: [2016-01-17] Bitcoin Price Regains Consciousness  (Read 154 times)
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January 17, 2016, 05:37:51 PM

Bitcoin price picked itself up from the dusty valley floor today. Although it’s looked more healthy, it appears nothing is broken.

Bitcoin price advanced strongly from yesterday’s low, but the market now seems indecisive. It is uncharacteristic for Bitcoin to decline sharply and then advance without first consolidating. That being said, there have been isolated instances of high energy bounces from a price low, but this does not seem to be one of those cases.
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