The currency has been in an up-and-down pattern over the last few days. While this isn’t necessarily a bad thing, it also shows that bitcoin’s resilience is not exactly where we thought it was prior. Before, the currency was striving to shoot beyond the $12,000 mark, and while this goal was accomplished, the feat was achieved for what only felt like seconds. Bitcoin rose as high as $12,400 before ultimately losing as much as $1,200 and falling as low as $11,200 during the earlier portion of the week.

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@minhtrung posted 3 years ago

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