Bitcoin Price Analysis – Return to the Mean

Bitcoin Price Analysis – Return to the Mean

Bitcoin (BTC) has recovered 88% from the ~US$6000 low posted on February 6th. The market cap now stands at US$186.7 billion, with US$4.3 billion traded on exchange over the past 24 hours. Regulation continues to underpin industry discussions. A South Korean official who guided Seoul’s regulatory clampdown on cryptocurrencies was found dead on Sunday, according…