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Chart of the Day - Monday, June 17th, 2019

June 17, 2019

Today's chart of the day was shared on Twitter by Jeroen Blokland (@jsblokland). It's a line chart of Bitcoin prices over the past year. Bitcoin printed a fresh 52-week high today at around $9,430. Jeroen highlights the remarkable comeback that Bitcoin has made this year. It's up about 150% so far in 2019, after falling 72% in 2018. $10,000 will be an important test for Bitcoin, as it represents a key psychological level. It'll be interesting to see if this rally has enough steam to breakout and hold above it.

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