Could Price of Bitcoin Hit $1000 By The End of The Week?
With the spectacular rate of growth we've been seeing lately with Bitcoin (I'm talking about the huge climb from $500 upward at the beginning of this week), is it possible that Bitcoin will hit $1000 by the end of the week? One week ago, the answer would have probably been "no", but given recent events, it's not entirely out of the question. No doubt about it, this is a bubble, and it's still got a ways to climb before it bursts. According to Forbes, a person described as "price forecasting analyst" has predicted the price of Bitcoin may hit $1,700 by the end of the week. After that, of....
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It should no longer be a surprise that the price of Bitcoin hit $1000 this week on Japanese exchange Mt. Gox, but now, another exchange has creeped up to the $1000 mark. That's Bitstamp, of course. The exchange, which has always trailed a ways behind Mt. Gox (except for recently when the price between Mt. Gox and Bitstamp were nearly equal) is now in the 4 digits - which really reinforces just how valuable Bitcoin has become. The question is: will the $1000+ price keep it up?
After a small crash last week, and subsequent rebound early this week, speculators will be delighted to know that the price of bitcoin has once again climbed past $1000 USD at the Mt. Gox exchange. The news comes several days after the hover between $800-$900, leaving some very worried individuals wondering if we'd ever see bitcoins in the 4-digits again. Meanwhile at Bitstamp, the price is at about $956, with a climb past $1000 looking relatively promising in the next day, as a conservative estimate. The price jump will no doubt fuel more buys, bringing the price even higher. Will it....
After weeks of anticipation, the price of Bitcoin has finally broke $1000 USD at the Mt. Gox exchange. Just under one week ago, the price of Bitcoin spiked past $900 USD, showing off tremendous growth of the digital currency. Meanwhile, the price per Bitcoin at other exchanges, with the price being $954 at BitStamp and $974 at CampBX. This is a huge milestone for Bitcoin, and the first time the digital currency has hit 4 digits.
Bitcoin price is back in the bullish zone above $1000 against the US Dollar, and BTC/USD looks set for more gains possibly towards $1080. Key Points. Bitcoin price gained momentum this past week against the US Dollar, and moved above $1000. There is a crucial bullish trend support in the form of as ascending channel on the 4-hours chart (data feed from SimpleFX) of BTC/USD. On the downside, the $$1050 support area is the key and may act as a buy area. Bitcoin Price Bullish Trend. This past week was positive for Bitcoin price, as it broke the $980 resistance against the US Dollar. The....
Bitcoin price has scaled beyond the $1000 for the second time in 2017 and the first time in four weeks. The end of 2016 saw the cryptocurrency flirting with $1000 before scaling the mark come the new year. The Bitstamp Price Index (BPI) reveals bitcoin scaling the $1000 milestone at 16:30 (UTC) on Thursday and despite a brief dip shortly after, bitcoin was trading to the dollar at $1010 at the end of day. Momentum stuck through the early hours of Friday as price swelled further to register a high of $1022.6 at 06:30. Prices fell below the threshold again toward $998 before recovering near....