Bitcoin price is currently down 2% on the day and selling for $3,792. Today’s action is reminiscent of previous days in the week where the coin has dropped a few percents but then gained a few more and vice versa.
Disappointingly, the coin has failed to break back above the $4,000 mark that it fell below one month ago. It seemed like it might do that this week, as we saw several bursts. However, Bitcoin price remains steady as it holds firmly, and predominantly, between the $3,800-$3,900 price points.
Despite today’s red hue, overall, Bitcoin price is trading up 3.5% on the week. We are in a very strange time for Bitcoin, and it’s hard to predict if this trend will stay much longer or if there is another dramatic fall on the horizon. Comparatively to the beginning of 2018, Bitcoin in 2019 looks set to be a totally different beast.