Chart for BTC/USD (1W)
Bitcoin (BTC) is currently trading just above $ 6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $ 5,800 and $ 6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way. If this had been a currency pair, for instance EUR/USD or GBP/JPY or a stock, there would be no debate regarding the actual and perceived value.