Thunder Bay – TECH – Bitcoin appears mired. The crypto has been bouncing around $50,000 US mark for several weeks.
Today in early trading, Bitcoin is at $49,237.63.
Early in November the crypto hit the highest price of the year at $68,990.90. At the time predictions of a price of $100,000 by the end of the year.
Those predictions now seem more a wish than a reality.
Of course the market can change on the spur of the moment, but for now likely the price appears to be stabilizing at the $50k mark.