In light of the greater perceived likelihood of SegWit activation on the Bitcoin blockchain, the price of bitcoin experienced a substantial rally. On July 17, the price of the cryptocurrency surpassed the $2,000 mark again after bottoming out at around $1,830 in the week prior. In the seven days to follow, BTC-USD rallied to inch closer to the $2,900 mark, only $100 off the digital currency’s all-time high of $2,993.73; the market has settled around $2,760 on July 24. Key buy levels stand at $2,570.27 and $2,265.51 on the Bitstamp exchange...
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