Bitcoin Price: The Week That Was

Bitcoin Price: The Week That Was

Bitcoin price is within reach of the $470 resistance level. Although the possibility of a downward correction remains, a concerted push by the bulls may be able to secure advance.

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Bitcoin Price Analysis

Time of analysis: 14h00 UTC

Bitstamp 1-Day Candle Chart


From the analysis pages of, earlier today:

Its been a turbulent week for the Bitcoin ecosystem, and that the market managed to hold price under control is a feat.

Craig Wright’s re-appearance on the scene was a news highlight in both the Bitcoin and mainstream media. The Satoshi candidate arrived with a bang on Monday, and by Friday his blog had been cleared of puzzling technical content, and with only a farewell message and apology. The market reacted with a muted relief rally that reached toward the resistance zone near

Read more ... source: TheBitcoinNews

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