Bitcoin Price Blitzes Beyond $1100, Closes in on All-Time High
Bitcoin price is rampant in its gains as it continues to push ahead, stepping up a gear since the turn of the year. At the time of publishing, bitcoin is trading at $1,139.9 on the Bitstamp Price index (BPI) and is closing in on the all-time high of $1163, a figure scaled on November 29, 2013. Bitcoin price is closing in on its all-time high. Over the last 24 hours, bitcoin price has made gains of over $110 reaching a high of $1,129.90 on the BPI today. The newest rally began in the late hours on Tuesday night (UTC), as price chalked $1,022.99 at 23:00 last night. An hour later, price....
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Bitcoin price is enjoying upside momentum for now and might be on track towards testing the next ceiling at $1100. Bitcoin Price Key Highlights. Bitcoin price made a strong upside break from consolidation, signaling strong bullish momentum. Price continued its climb past the $1000 mark and could be aiming for the next resistance from here. Technical indicators are showing mixed signals so a pullback could be due before bitcoin price heads further north. Technical Indicators Signals. The 100 SMA is still below the longer-term 200 SMA on the 4-hour time frame so the path of least resistance....
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