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Bitcoin's Upwards Climb Stalls

Emily Mason

Summary: Bitcoin has cooled off from it's trend upwards yesterday after meeting resistance at $9,700, according to reporting by bitcoinist.com. One analyst noted on twitter that if BTC drops below $9,350, then he suspects more losses. This is not the first time the coin has dropped after approaching $10,000. At the time of writing BTC stands ...

Bitcoin has cooled off from it's trend upwards yesterday after meeting resistance at $9,700, according to reporting by bitcoinist.com.

One analyst noted on twitter that if BTC drops below $9,350, then he suspects more losses. This is not the first time the coin has dropped after approaching $10,000. At the time of writing BTC stands at $9,425 and 0.167%.

By Emily Mason

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