BTC Bitcoin price update 4 March 2018

Bitcoin price conversations are no longer limited to tech and finance communities. It has now exploded beyond the confines of niches and subgroups – and has become a topic of mainstream discussions. With everyone having their 2 cents about Bitcoin price movements – there is no definite way to ‘predict’ the prices. However, it is possible to observe the prices and observe the market conditions.

Let us take a closer look at the Bitcoin price movements over the past 24 hours, the past week – as well as a look at where they may be headed.

Bitcoin Price Over The Past 24 Hours

Bitcoin prices have been very stable over the past 24 hours – with a drop of just 0.5% over the course of the day. The currency began the day at a price of $11,344 – peaked at a high of $11,528 – but ended the day at a low of $11,293. The lowest point of the day came at $11,136. Over the course of the entire 24 hour period Bitcoin prices traded between $11,100 and $11,600. A $500 variation over the day. The market cap of the currency stands at $190 Billion.

Bitcoin Price Over The Past Week

Over the past week, Bitcoin prices were on a slow and gradual uptrend – a good week for BTC investors. The currency boomed from a low of $9,692 7 days ago to a close the week at $11,293 today. The market cap over the week went from $163 Billion to $190 Billion.

Bitcoin Price Expectations

For now, the expectation from Bitcoin prices is to hold on to the $11,000+ level and not fall below that mark. If Bitcoin can build upon this momentum it has gathered over the week, the currency can soon cross the $12,000 and $13,000 barriers. However – the biggest challenge that the currency faces remains the $15,000 mark which hasn’t been breached ever since the currency fell below it.

For more (BTC) Bitcoin price related updates and news stay tuned to Cryptocrimson or you can also bookmark our page. We’ll also keep adding updates to this article for real-time analysis.

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Disclaimer: Neither the management nor the authors at CryptoCrimson are responsible for any losses, financial or otherwise, which may occur due to investing based on our articles. These are market predictions – which are not set in stone. The information provided is only for educational purposes and cannot be considered a financial advice.


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