Месяц: Апрель 2016

The week is about to draw to a close, and it’s time for the second of our twice-daily bitcoin price watch analyses.  As we have done a few times already this week, let’s kick things off with a chart. The chart below is a 15-minute candlestick chart showing the last 24 hours worth of action in the bitcoin price, with the framework that we outlined this morning still overlaid.

As you can see, the range we outlined this morning was defined by in term support at 445 and in term resistance at 451. With about six dollars to play with, … Read the rest

Markets Weekly is a column analyzing price movements in the global digital currency markets, and the technology’s use case as an asset class.

Bitcoin prices fluctuated significantly during the week ending 29th April, reaching a yearly high of $470 before falling below $440.

Global bitcoin prices enjoyed a strong rally at the beginning of the week, rising 4.2% from $451.10 at 12:00 UTC on 22nd April to a high of $470.16 at 18:00 UTC on 26th April. This price represented the digital currency’s strongest value since 7th December, 2015, when it reached an inter-day high of $470.88, CoinDesk BPI data … Read the rest