Bitcoin Price Surges to $250 in a Magnificent Price Action
Bitcoin price has surged to $250 and 1600 CNY in what can only be described as magnificent price action. No other market instrument can do this and it is a unexpected reminder of the speculative potential in Bitcoin! This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h50 UTC. Bitfinex 1-Day Chart. From the analysis pages of xbt.social, earlier today: Price could achieve the red daily 200MA that has eluded it for months within the coming....
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Today's cryptocurrency price action (Sunday 25th January 2015) is dominated by a surge in the Litecoin price, at one point rocketing up to a high of $2.87 on the BTC-e exchange, before gliding back down to just over $2 at the time of writing. The Bitcoin price is also trading at the higher end of its recent range today, briefly breaking over the psychologically significant $250 barrier before dropping back down to the mid-240s. This rise in the value of BTC brings us almost back up to the level seen at the end of 2014, wiping out most of this year's losses. Reasons for the Litecoin Price....
After Elon Musk, the richest person in the world, changed his Twitter bio to “bitcoin,” attention and the price surged. The post After Elon Musk Changes Twitter Bio To “#Bitcoin,” BTC Price Surges appeared first on Bitcoin Magazine.
The bitcoin price has jumped since our last price piece and once again, Asia is the continent to “blame.” After a massive recoil down to $704 (the price had hit $740 just a few days prior) our favourite digital currency is back on its heels and striking the $727 chord. One source described the action in detail: “The bitcoin price made significant gains in a trading hour today as price spiked up to nearly $740 on the Bitstamp Price Index (BPI), pushing towards the higher ceilings of the cryptocurrency in 2016. The surge began at 12:25 UTC when bitcoin was trading at $714.88. Merely 15....
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Bitcoin has seen some wild price action throughout the past few days, with the crypto seeing a “pump and dump” rally that led it to $39,000 before it plummeted to $32,000 This price action shows that there’s a significant number of bears looking to fade BTC’s price action at the moment It has recovered from its lows and is not showing any signs of wanting to collapse much lower, but its price action has been […]