After a short-lived dip around $300 (we showed an official hit of $298), Bitcoin continues to trend upward sitting around $330 at press time. It doesn't appear to be making a fast break for the Moon, but it's not crashing down to earth either. It's in more of a high orbit.
Although the price had declined earlier this week, it still remained much higher than recent weeks. In fact, Bitcoin has been sitting around $250 for the majority of 2015 breaking $300 only for a brief moment in July.
With the exception of the July occurrence the digital currency had not seen $300 since January 2nd until last month when it returned and has been trading over $300 now for 15 days. So despite the dip, the upward trend continues and sits nearly $100 higher than it was this time last month when the trend started.
That said, I'm not sure I'm ready to say the floor is above $250. It's just been there for too long in 2015 and for me personally that's where it remains for now. If this trends continues, however, the floor may soon rise.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsDXk0HypCqjQVxMNfL96mZaGi4zmkdwm7znshdHp3kuPY9NIWEIfJhRoxNA88QKteaxE45jrdBaYeEd7AQAuqa5BllwOMr-EQQ6MFUES3Jaaf9wb13bLK6JTUsb8mLkj55KiuJS2y0C0/s1600/dinbits-symbol-small.png)
Story by dinbits
banner and graph by ndc staff
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