Despite the downfall, Bitcoin managed to close above $14,000. We are now inching close to $16,000.
Bitcoin extended its recovery from last week’s lows of below $12,000.
In just a week, Bitcoin lost almost $10,000 of its value. It fell from the all time high of $19891 to last week’s low of $10,400. Somehow, it managed to close above $14,000 every day last week.
Today, the recovery continued. We are very close to $16,000 now.