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Bitcoin Price Watch; Closing Out The Week

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follow the latest news of” market news” from different sites to most famous technicals /View All Posts Samuel Rae by 2017-01-07 at 15:21

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Bitcoin Price Watch; Closing Out The Week

Bitcoin Price Watch; Closing Out The Week*/

– Here’s a look at what we are focusing on in the bitcoin price this evening.We’ve come to the end of the week for our daily bitcoin price analysis, and it has been quite an interesting one, to say the least.After the initial sharp run we saw last Sunday (which came on the back of a previous run seen throughout the holiday period) and the follow-through heading into the middle of the week, price seemed to have had enough, and took a nose dive.
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Newsflash: Bitcoin Price Takes a Steep Fall Below $1000

Newsflash: Bitcoin Price Takes a Steep Fall Below $1000*/

– Update: Today’s price low has been corrected from the earlier reported $887 to $885.41.After months of a sustained bullish rally, bitcoin price has swung to a significant slump, hitting a low of $885.41 on the Bitstamp Price Index (BPI) today.The dramatic drop comes within a day of bitcoin inching close to its all-time high.
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Bitcoin Digital Currency Price Rally Ends as China’s Yuan Rose Sharply

Bitcoin Digital Currency Price Rally Ends as China's Yuan Rose Sharply*/

– A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20% as China’s yuan rose sharply—further evidence of an intriguing inverse relationship between the pair.Bitcoin had gained more than 40% in two weeks to hit a three-year high of $1,139.89 on Wednesday, just shy of its all-time record of $1,163 on the Europe-based Bitstamp exchange .But it dived as low as $885.41 on Thursday as the yuan jumped by over 1% in offshore trading and headed for its strongest two-day performance on record.
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Bitcoin Price Dropped About 22% Yesterday, Currently Trading at $1000 Level – CoinSpeaker

Bitcoin Price Dropped About 22% Yesterday, Currently Trading at $1000 Level – CoinSpeaker*/

– Right after the bitcoin price appears to break the all-time high yesterday, it suddenly crashes by more than a fifth.According to Coin Market Cap, the price fell from $1,184 to $972.The previous largest price was recorded three years ago – bitcoin cost $1,165.89 as of November 30, 2013.
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