Bitcoin Price At $6,389
Right now the price of bitcoin has dropped a bit and is at $6,389. It has gone down by 2.45% in the last 24 hours. I was hoping to see some improvement, but it seems to be struggling again.
I hope in the next few weeks the price of bitcoin will be able to go back up, but who knows if it will go lower or higher. I'll keep on checking the price and hopefully we'll see some better increases.
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It appears price action cannot make up its mind upon first glance. A break out attempt around the 6600 level fizzles out as short interest climbs even further. On the surface this may "feel" bearish , but the internals are still pointing to higher prices.