Bitcoin Price Update: 25 February 2020
Good morning my fellow Steemians.
It seems as if though the Bitcoin price has continued with it's downwards price movement according to my analysis of the graph information supplied by www.coindesk.com. The price of Bitcoin dropped further from $9,730.14 at 16:59 GMT to $9,569.96 GMT when this article was written.
On the 11th of February the Bitcoin price crossed the $10,000.00 mark for the first time since October 2019 but it seems as if though this rise was short lived as the price is expected to drop below $9,000.00 in the the next couple of weeks. I will continue to give updates in that regard. According to various sources online a recovery of the Bitcoin price is expected only in mid-March with the the possibility of the it reaching above $9,800.00 by the end of March.
I hope this information helps for now. I'll continue to do research so that you don't have to and keep you the community updated. Comment below with questions so that I and other community members can respond. An Upvote and even a Resteem would be appreciated.
Lot of Steemian love!
Patrickob1
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