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Author Topic: [2016-03-28]Bitcoin Price Watch; Weekend Highs Hit  (Read 175 times)
Blawpaw
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March 28, 2016, 07:58:38 PM
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Bitcoin Price Watch; Weekend Highs Hit

That we will get a solid and sustained intraday move in the bitcoin price over the weekend – and more often than not, on Sunday – is becoming something of a standard assumption as late. Generally, it comes as the markets in Asia open for a fresh week, and a bump up in volume initiates a concurrent bump in volatility. This week was no exception, and as markets opened in Asia last night (or a little before if we’re to be exact), the bitcoin price gained to reach fresh weekly highs at 428 flat.

Since this high, we’ve seen price correct somewhat, and while we still remain above where we closed out last week, the general overarching trend looks to be...

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