Bitcoin Climbing Back Towards $10,000

This week, Bitcoin has climbed in price from below $8,000 to over $9,700 where it sits at the time of writing. As you can see from the chart above, this rise has been mostly a steady upwards trend, rather than one or two giant spikes.

$10,000 is a significant psychological barrier and breaking this could see a substantial move to the upside, as has happened on a couple of previous occasions. Is this the beginning of a trend that will take Bitcoin beyond $20,000 to a new all time high? I hope so. Bitcoin to the Moon!

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