Bitcoin prices have been rampant during the past few days. Soaring into the $200+ zones and dipping well below the $180 – prices, investors and traders alike have been taken aback by the erratic price movement.
The prices of Bitcoin fell away during the start of the year. Positive news this year has been a rarity as bflthousands of Bitcoin users saw the price of Bitcoin drop like a stone. Breaking all supports of $200 and under the price went into free fall less than 24 hours digging further and further. However as bad as times may have been the recent price hike upwards has lightened spirits and has brought Bitcoin back into the upward swing. The reasons behind the recent price crash remain largely unknown as there have been a variety of causes pointed out. In our previous article we explored how Butterfly labs attempted to reimburse customers who were left out of pocket due to orders not being shipped out.
Source
http://www.btcfeed.net/news/bitcoins-quick-recovery-prompts-upward-price-trends/
