BTC Price: $4,029
Last 7 Days: +1.5% 1month: -37% 12months: -64%
As mentioned in our opening comment- BTC has seen a tumultuous few days and whilst an initial bounce off of $3,600 low levels and back through to $4,400, unfortunately the boost was short-lived and we then found the market back testing the $4,000 level. As things stand today this level seems to be holding, however any negative move to the downside would then trigger expectations of another push to the low at circa $3,600 with $3,000 the next level after that. Any hold of the $4,000 would be significant whereupon we would expect a short-term squeeze back up to $4,200 and then $4,400.
26th November: $6,680,529,583 (BTC price of $4,007)
3rd December: $5,232,066,294 (BTC price of $4,029)
21% decrease in trading volume in the last 7 days