The price of the bitcoin is trading at $3800 or up 3.54% at $109,555. The price today has reached $109,802.
The price today extended to the highest level since June 11 and got within $2500 of the all-time high price near $112,000. The low price from the month of June reached down to $98,240.
Since re-breaking above the $100,000 level back on May 8, there have only been three days when the price traded back below that milestone level, and there have not been any closes back below the $100,000 level since May 7.
Buyers remain in firm control with the $110,500 and $112,000 the next key targets.
This article was written by Greg Michalowski at www.forexlive.com.