Bitcoin hit the support level of $4,100 and is traded at about $4,100. As positive trends seem to be prevailing on the market, the price is unlikely to go below $4,000 in the nearest future.
If Bitcoin gains momentum and is further strengthened, it will go beyond the $4,300 level. Its primary goal is growing up to $4,680, beyond which other maximums test likely.
As of now, the closest support level is about $4,050. We can proceed from this when planning our subsequent purchases.
Bitcoin is making significant progress and is getting stronger. It is reported the Chinese ICO ban might be temporary and the government might change its policy in favor of cryptocurrencies in October. In ca
se it does, the price will go up.
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