Bitcoin and cryptocurrencies exploded into the public consciousness in late 2017 at the culmination of an epic year-long rally that saw the bitcoin price go from under $10,000 per bitcoin to almost $20,000 in fewer than 20 days.
The bitcoin price has this morning hit fresh year-to-date highs, reaching $12,860 per bitcoin on the Luxembourg-based Bitstamp exchange, up almost 15% over the last 24-hour trading period.
After being trapped in a bitter bear market throughout 2018, bitcoin seems to be back, with the bitcoin price rocketing from under $5,000 per bitcoin in early April to over $10,000 this past weekend. But will the bitcoin market be able to maintain this level or is it about to take another sharp plunge?
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