Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low

Price Since our last markets update bitcoin's fiat value dipped 30 percent throughout the second week of June.

Bitcoin's market dominance hit an all time low a few days ago touching 36 percent, but since the price has started ticking upwards, market dominance has also rebounded to 39 percent.

Markets Update: Bitcoin Price Climbs Higher After Last Week's Low Technical Indicators On June 20th bitcoin's value spiked quite a bit from the day prior's $2575 price to a high of $2783.

If the price follows the consistent pattern, like it has over the past few months retracing back 20-30 percent, and followed by a higher run-up in price, the value may exceed the last all-time high in the near future.

Bull Scenario: Bitcoin's price has come very close to reaching $2800 on June 20th. Bulls are charging, and the buyer's market looks like it should continue in the short term.

What do you think about the price of bitcoin right now? Do you think bitcoin will continue to rise to higher levels? Or do you expect bears to lower the price further shortly? Let us know in the comments below.

Disclaimer: Bitcoin price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice.
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