Bitcoin General News

Bitcoin (BTC) is looking to fire up, cross the $7000 mark, $7250 could be the next hurdle

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Bitcoin(BTC) is on an uptrend and has raised up from yesterday which was followed by a jump to $7000 mark.

At press time, Bitcoin is trading at $7,091 according to Coinmarketcap, a leading cryptocurrency analyst. The largest cryptocurrency has a market cap of over $122 Billion as the bulls tell the bears their time is over.

The entire cryptocurrency market is looking like it’s on the beginning of its recovery phase after experiencing a decline earlier this month. Bitcoin (BTC) dominance has fallen from 53.36% to 52.8%



The price for Bitcoin(BTC) came to $7,120 and overcame the $7000 resistance but also fell to a low of $6,866

At press time Bitcoin is up by 1.91% and the trend is looking bearish. Buyers should deal with the resistance at $7,120 and they might find a support above $7,100 and would eventually break the $7,200 mark.

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