Time to dust off the ole Bitcoin Chart...Not a lot of movement over the passed couple of weeks. BTC is still playing with that $9,500 zone congestion area. We really need to see a substantial move above this area to test the $11,750 resistance zone before a move to test previous highs.
Recently in the news the New York Times reported that Goldman Sachs is preparing to introduce its own trading operation for its clients. Reporter Nathaniel Popper stated:
"While Goldman will not initially be buying and selling actual Bitcoins, a team at the bank is looking at going in that direction if it can get regulatory approval and figure out how to deal with the additional risks associated with holding the virtual currency".
Price did not overly see a significant price movement since the article was released however when Goldman Sachs operations commence this may just be the bump the market needs to see a break of those important price zones we are watching.