Bitcoin is now in a new bull market. Bitcoin is now trading as high as $4290.
This month was pretty volatile for the price of Bitcoin. Bitcoin has fallen from around $5200 at the beginning of the month to below $3000. Despite bearish news that countries other than China will ban ICO Bitcoin prices have gone up over the past two weeks. It is strange that Bitcoin prices have gone this high without Asian demand. Prices in Western exchanges are around $100 above Asian platforms. Considering all of this, things are looking pretty good for Bitcoin.
Will this bull market take us to new all-time highs?
Photo source: https://coinmarketcap.com/