Bitcoin Price is Still Below:$3,800

Price of bitcoin is below $3,800 and is trading at $3,762.42 which is up by 0.8% in the last 24 hours. If we analyse price trends in the last 7 days then it can’t be termed as bullish. Bitcoin is struggling to find its correction level and trying to settle somewhere around $4,000 mark.

Earlier it was expected that bitcoin will revive by the end of this year but it is not the case. On Dec 20th, it was trading above $4,100 and experts predicted that it is going to be bullish and move upwards at $4,500 level. Again on Dec 24th it was above level $4,200 and it validated the bullish trend, but later on it started declining and it was down by 4.5% on Dec 28th. Since then the bitcoin price is trying to find its correction level.

Last 24 hours low and high value of bitcoin is $3,712.80 $3,856.96 respectively.

Bitcoin is the #1 cryptocurrency in terms of market cap rank and its total market cap is $65.56B.

Disclaimer: As Crypto market is highly  volatile and quite risky for your investment, we do not encourage anybody to invest in bitcoin or crypto, please do full research before investing in cryptocurrencies as per your country laws.

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Author: Manoj Raturi

I am a Blockchain Technology enthusiast and love to read and write about it.

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