Bitcoin rollercoaster rumbles on

Yesterday, in the last update here on the progress of Bitcoin, it was noted that ruling out further downside for the lead cryptocurrency might be short sighted. That was sent out when the price was around 18,800 and the price did fall further, but not by that much in relative terms on the day. Bitcoin dropped to as low as 18,157 subsequent to that update. However, that move was followed by another rapid rebound as the price lifted back to 19,500. Since then it has been lower again earlier today. The price dropped back to 18,345, but it is trying to rebound again night now as it heads back towards 19,000 again. Look, trying to pin this down within even $1000 right now is nigh on impossible to be honest. The prospect of it flipping the move to the previous noted target of 22,782 is clearly still live, all the while it remains above 16,226. That is all that can be said really. Bitcoin is currently trading at 18,957