The price of Bitcoin continues to find stability and fluctuates slightly up and down.

Bitcoin Network Capacity
The Bitcoin network capacity is 63.5PH/s this week and was 54.4PH/s. This represents another major outlay of mining hardware over the past week. This directly relates to a Bitcoin network growth of 116% over the span of this week. This marks three weeks of concurrent 116-120% growth.

Bitcoin Market Capitalization
The Bitcoin market capitalization has recovered overnight. Currently, at $6.4B, and was $6.4B the past week. 

Bitcoin Pricing Commentary
The price of BTC has rapidly rebounded from a low around mid March of approx $400/BTC to stabilize around $550/BTC. 

The price of Bitcoin has rebounded strongly this week.

Bitcoin Network Capacity
The Bitcoin network capacity is 54.4PH/s this week and was 45.6PH/s. This represents another major increase of mining hardware over the past week. This directly relates to a Bitcoin network growth of 119% over the span of this week. This marks two weeks of concurrent 120% growth.

Bitcoin Market Capitalization
The Bitcoin market capitalization has recovered overnight. Currently, at $6.4B, and was $5.75B the past two weeks. 

Looking Forward
The interest in China and the potential of a banking block has stifled the BTC price over the past month. However, the day of reckoning has come and gone and with the instability gone, BTC pricing has shot up.

Bitcoin Pricing Commentary
The price of BTC has rapidly rebounded from a low around mid March of approx $400/BTC to around $550/BTC. 

The price of Bitcoin appears to have bottomed out this week and is slowly regaining strength.

Bitcoin Network Capacity
The Bitcoin network capacity is 45.6PH/s this week and was 37.8PH/s. This represents a major increase of mining hardware over the past week. Perhaps a large shipment of miners turning hardware back on once price has slowly recovered. This created an increase in the Bitcoin network of 120% over the span of this week. 


Bitcoin Market Capitalization
The Bitcoin market capitalization has flatlined this week. Currently, at $5.75B, and was $5.8B the past week. This is demonstrating the short term stability has crept back in to the Bitcoin market.

Looking Forward
Bitcoin has a tough road to recover its $1000 pricepoint but can continue to find new interest within the internet community.

Bitcoin Pricing Commentary
The price of BTC continues to slowly build from decrease in March...Up from approx $400/BTC to around $470/BTC.