Bitcoin prices have mostly been trading above $6,000 this week. Shutterstock Bitcoin prices have been fluctuating within a reasonably well-defined range over the last week, trading primarily between $6,000 and $6,600. The digital currency fell below this range on Tuesday, August 14, reaching as little as $5,900.38 on the CoinDesk Bitcoin Price Index (BPI). However, Bitcoin quickly bounced back, only staying south of the $6,000 price level for a matter of hours, additional BPI figures show. At the time of report, Bitcoin was trading at $6,482.92, near the top of its aforementioned weekly range. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] Since Bitcoin has remained above $6,000 for much of the last week, some analysts took that to mean that the digital currency has been establishing price support. ...
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