Bitcoin Price Scales Beyond $390 in February

Bitcoin Price Scales Beyond $390 in February

It’s early days in February, following a volatile January for the price of Bitcoin. In recent days, the cryptocurrency has swelled again, with a high pushing beyond $390, gaining over $20 in the space of a day. The Bistamp Price Index started yesterday, February 4th at $368.55 to rise through the day, leading to a monthly high of $391.880 at 9:00 PM UCT, the same day. At the time of publishing today, the Bitstamp Price Index sees Bitcoin trading at $389.00. The first signs of a climb showed when Bitcoin price scaled up toward $373.91 at 2:00 PM before a quick spike saw the price shoot up....


Related News

Dragon’s Tale – Double your Stack in the Dragon Statue Game

Dragon’s Tale is one of the of the leading Bitcoin Casinos. The site offers a wide variety of exotic casino games in a 3D virtual world where players will also have the chance to role-play. One of the many games you can find in Dragons Tale is the Dragon Statue. Dragon Statue is one of the simplest skill games to play in Dragon’s Tale but requires subtle strategy to master. As such, it is one of the most potentially profitable wagers for the expert player. The Gameplay is simple. The scales of the dragon start blank, and with each play, the player wagers a certain amount. The only play....

Newsflash: Bitcoin Price Scales a New Year-High

The Bitstamp Price Index confirmed a new year-high price for Bitcoin at $334.05, this morning. The peak is yet another milestone for the cryptocurrency which has been on a steady upward trajectory predominantly since September. The year-high peak struck at 07:11 UTC and has since dropped to $322.780 at the time of publishing. For a live Bitcoin Price chart, click here.

Market Wrap Up 2/23 – 3/1, Bitcoin and Darkcoin Make Bullish Moves

With the end of February just passing, many were saying February the most stable month of Bitcoin so far. With a net change of a $1 per day, Bitcoin users enjoyed a stable price. For a while, it looked that February was going to end with Bitcoin at a price of the mid $230s. Later Sunday, after the price dipped to the upper $240s, we had a similar breakout when we broke through $250. China is leading the way again, but $260 has been surpassed from all the principal Bitcoin exchanges in the USA and China.

Bitcoin Price Corrects: Another Dip Inevitable?

The bullish wave of the past days reached its peak on February 7. The bitcoin price managed to struggle above the $220 support level yesterday, but it's now experiencing a correction. As the charts reveal, 24hr BTC/USD exchange rate is down by 4% and a strong selling pressure is still present. The bitcoin price ups and downs through February 7-8th. BTC/USD was struggling below daily averages for a remarkably long period of time. However, after some notable buy orders were placed, the market took a turn to briefly become bullish again. A rise from $210 all the way up to the high of $238 was....

Bitcoin Price Technical Analysis for 26/2/2015 - Doom Before Moon

Yesterday, bitcoin price ranged between $235.5 and $239.33. Although bitcoin has been trading between $235 and $240 throughout the past few days, it seems that we will see it break out of this range soon. By studying the 1 hour Bitfinex (BTC/USD) charts from tradingview.com, drawing a trend line between the low reached on the 10th of February ($214) and the high reached on the 15th of February ($268) and plotting the Fibonacci retracement levels accordingly (look at the below chart), we can better understand the current market trends and we can also conclude the following: As shown by the....