Why bitcoin is not reaching $10k?

BITCOIN prices bounced back today, retracting from a bearish all-month low over the weekend. But is a return above the $10,000 price point on the horizon for bitcoin?

Bitcoin (BTC) trading kick started today at a moderate £6,139.35 ($8,594.19), up by 2.81 percent on its Monday opening prices.

On Sunday March 20 the token fell to an all-month low of £5,240.24 ($7,335.57) before bullish trading saw the token climb up 16.8 percent by Tuesday.

At 12.54pm GMT today, bitcoin is exchanging hands for £6,117.61 ($8,563.77) according to CoinDesk.

Prices were hit last week in the wake of Google’s announcement of a blanket ban on cryptocurrency and initial coin (ICO) adverts