Bitcoin prices have a hit a bit of snag lately. After the China ICO fiasco, where the country announced that it will no longer allow new initial coin offerings (ICOs), BTC prices plummeted from near $5,000 to $3,200. The coin has made a recovery, however, bouncing back to just over $4,000 at one point, before coming back down to its current price of around $3,680, as of the writing of this article.

But this past week has been a dent in that recovery, bringing BTC down from over $4,000 to its current price. So why the drop?

I think it has to do with the market.

The post Daily Bitcoin Price Forecast and Analysis – BTC Will Hit Above $4,000 by Year End appeared first on Profit Confidential.

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Daily Bitcoin Price Forecast and Analysis – BTC Will Hit Above $4,000 by Year End