Bitcoin Price Watch: Currency Still at $7,900, but Analysts Remain Bullish

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Bitcoin is holding its ground at $7,900. There is no news to report regarding its price – only that it seems to have developed new levels of resistance and could remain here over the coming weeks. This isn’t necessarily a bad thing; bitcoin is showing strong defense against recent trends and backlash, particularly that which was delivered by Twitter. The company recently announced that it was suddenly banning all cryptocurrency and ICO-related ads after previously stating that changes weren’t likely to hit the industry for a minimum of two weeks. Either Twitter executives felt fear and decided to act quickly,

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