With Bitcoin managing to pull itself together, Bitcoin has hit a high of $16536 as of posting on CoinMarketCap. Ultimately, an increase of 11.66% in the past 24 hours.
The above image with credit to Coindesk's article reveals Bitcoin to be trading relatively well, that is over then neckline hurdle of $15500. If this trend continues, we will definitely be seeing Bitcoin returning to $18000. However, if everything goes south it's speculated for Bitcoin to drop down to sub-$12500, something that Bitcoin investors may fear.
Do we not think that todays news on Visa shutting Crypto Credit cards will have a knock on effect on Bitcoin? https://steemit.com/cryptocurrency/@richievalens/crypto-currency-cards-suspended
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Not too sure about that. I don't think many people using Crypto Credit Cards unless I'm drastically wrong.
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