Bitcoin Price Breaks 9000. GO TO UP

Bitcoin (BTC) today broke the $ 9,000 mark after a tough start to the year in which the price dropped almost 70 percent from the $ 20,000 high reached in December.

After the December high, the BTC price has moved lower. On January 17, the price of BTC dropped to $ 9,724, less than half of what it had been a month earlier when it scraped the bottom of $ 20,000. The month of February began with BTC falling below $ 9,000 for the first time since the end of November 2017.

In February, the price had dropped to only $ 5,922, with skeptics claiming it could go down even further. At the end of February and beginning of March, the BTC fluctuated around $ 9,000, with changes driven by the news of new regulations on exchanges by the Securities and Exchange Commission of the United States (SEC).

A return to prices above $ 9,000 would provide the confidence that many traders and investors need for the value of BTC to grow even more.