Bitcoin (BTC/USD) 24 Hours Price Performance for June 5th 2017
Bitcoin is currently trading at $2,520 on Poloniex. It recovered from a 24 hour low of $2,425 and managed to reach a 24 hour high of $2,535 making this an excellent start to the week. [image source: poloniex.com]
Bitcoin is still showing signs of becoming bullish again. If we look at a 2 week chart with 5 minute candles then we can see that Bitcoin prices have been picking up momentum since 27th May 2017. This is a good sign because its shows investor confidence are increasing again. [image source: poloniex.com]
Bitcoin has also breached the $42 Billion Market Capitalization. If Bitcoin continues to grow at an average of $1,250,000,000 per day then we could see it climbing to a Market Cap of $50 Billion dollars before the end of June 2017. [image source: coinmarketcap.com]
I am eager to see what the future holds for Bitcoin. Please follow Bitcoinkings on Steemit for updates on the performance on Bitcoin.
Just in case you haven't read my previous post on Steemit: Check Your RANK: Bitcoinkings is Ranking #28874 on STEEMIT June 5th 2017
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Wow Thanks guys! Awesome news and thanks for always updating me on my awards. Much appreciated :)