Bitcoin Markets Seeing Sharp Gains Sunday Morning, Surpass $1000 USD
The bitcoin markets are once again stirring up. Traders and enthusiasts alike woke up Sunday morning to a surprise when looking at the bitcoin market charts. We're observing sharp gains of about 9 percent in the past twenty-four hours. Considering the markets tend to die down on the weekends, it's interesting we're seeing this. Will it keep up? The answer will come with time, but if it does, it will most certainly make for an interesting trading day come Monday morning. At the time of this writing, observed prices are $1000 USD at exchange Mt. Gox and $889 USD at BitStamp. Today's high has....
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Markets tanked during the early hours of Sunday morning UTC, with Bitcoin dropping $10k in a matter of hours. While Dogecoin also suffered a dip, its fall was trivial compared to the rest of the market. By midday, DOGE had recovered and went on to post 12% gains by the end of the day. Source: […]
Here's a look at what we are focusing on in the bitcoin price this morning. In yesterday evening’s analysis, we noted that – as a result of the action we have seen over the last few days in the bitcoin price – the 1000 level might come into play it soon. We opined that it may take a week or so, but in an optimistic forecast, we also noted that if we saw a break to the upside, it could come into play much sooner than that. As things turned out, this latter suggestion has proven valid. Overnight action saw the bitcoin price run through our predefined resistance level, giving us an....
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