The father of cryptocurrency is up at press time by nearly $ 200. It is now trading for over $ 6,600 – a solid spike from yesterday’s $ 6,400, which is where it’s been hanging around for the past few days. Clearly, bitcoin has managed to break current resistance and boost its support.
It has been a wacky week for bitcoin, indeed. Despite hanging in the $ 6,400 section for most of it, the currency did experience a $ 400 spike roughly 48 hours ago within a 20-minute span. However, for one reason or another, this didn’t last particularly long. It ultimately fell back down its previous level but is now witnessing steadier jumps in its price. It was trading for $ 6,500 early this morning, and now has an additional $ 100 to brag about.