Bitcoin Reaches $17,250 on Bitstamp

Many things can be said about Bitcoin, but one thing is certain, it is never boring.

Reacting to the bullish news about the demand for Bitcoin Futures, the BTCUSD price moved up and crossed the $17,250 for the first time on Bitstamp.

However, the price was pushed back on the same day.

bitcoin reaching $17,250
BTCUSD D1. Price data from Bitstamp.

Today Bitcoin bulls are gathering another momentum and trying to break the $17,000 level for the second time.

If the price of Bitcoin closes above $17,000 on a daily chart, it might mean another significant move for Bitcoin in the upcoming days.

Note. This post is for educational and entertainment use only and it is not an invitation to trade. Trading involves high risk to your capital.