Bitcoin Stays Under $7k Again..??

For the last two days the bitcoin price has changed a little. It seems almost stable in the price range between $6.5k- $7k. Although it is not crossing the $7k border so soon.

24 Hours price of Bitcoin

While writing the article the price of each bitcoin is $6635 according to coindesk. We are crossing the bad time of bitcoin as many countries are banning the btc. Yesterday we heard the rejection of bitcoin in India. Which didn't cost a lot but the price was 2% down yesterday. So how can bitcoin overcome these challenges...?? We have a big expectations from the cryptocurrency.

4 Hour Chart

Daily Chart

Weekly Chart

Inspecting these results it seems very clear that the price of bitcoin is staying under $7k for some more times. These effects are really discouraging people to invest in bitcoin.

Pic source: www.dailyfx.com

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