This week...

... we had a lot of up and down movement and after it went down a while the course is again on the rise.

The stability of the Bitcoin has been put to the test several times. The news and rumors from China had added him badly in the last weeks. Not least, one of the largest banks JP Morgan (Mr Dimon), bashing the Bitcoin on TV which drove the course further down. But this bearish trend was interrupted yesterday by an upward move.

What is the trend in the long term?

In the long term, the rise in the price is clearly visible. This has been marked several times by descents. However, it has constantly increased in the last year.

Conclusion of the situation

This week the Bitcoin went up and down and in the last weeks rather down. He has stayed at around $ 3,750. In the long run the Bitcoin course is directed upwards and will hopefully crack the $ 4,000 mark soon.

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