The cryptocurrency s value had. Getty bitcoin has shot up in price over the last few days reaching a six month high of 8 685 11 188. Bitcoin s value has shot up over the past few days photo.
The price seems to be facing a major hurdle near the 11 450 and 11 500 resistance levels. Bitcoin is trading nicely above the 11 000 and 11 200 support levels. Btc must surpass the 11 500 resistance zone to continue higher in the near term.
Bitcoin started a fresh increase above the 11 000 level against the us dollar. The cryptocurrency briefly reached above 11 000 on tuesday but. The price of bitcoin has shot up by more than 15 per cent in recent days finally breaking above 10 000 after months of stagnation.
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The incredible price rise has reignited several bullish forecasts similar to btc s. Bitcoins s price has surged from 7 051 9 200 to 8 580 11 200 over a 13 day period at the time of writing. What s behind maker s showstopping 48 hour almost 40 rally.
Btc is currently correcting gains but it. Bitcoin extended its rise above the 9 600 resistance level against the us dollar.