[2017-02-01] Bitcoin is busting out

[Karartma1]

Bitcoin covered on Business Insider, interesting.


Bitcoin is busting out of its range that had been in place for the middle part of January. The cryptocurrency spent the past two weeks trapped at the $880 to $920 resistance level but has finally broken through.

Bitcoin rallied 3.7% on Tuesday as the Trump team exchanged barbs with German Chancellor Angela Merkel over the weakness of the euro, closing the day near $955 a coin. Tuesday's gains have carried over into Wednesday's session with the cryptocurrency up close to 1% near $972.

Read more -> http://uk.businessinsider.com/bitcoin-price-february-1-2017-2017-2?r=US&IR=T

[Dmitry.Vastov]

I saw the price from bitstamp. We are now at $993.08 to be exact. So we are going to pump again to $1000. This is the true price and no manipulations like exchangers on China did last time. They are guilty of manipulating the volume. Thats why the price is corrected and we fall to $700+. Hope this time we hit the ATH. We almost hit the ATH last time.

[pixie85]

I saw the price from bitstamp. We are now at $993.08 to be exact. So we are going to pump again to $1000. This is the true price and no manipulations like exchangers on China did last time. They are guilty of manipulating the volume. Thats why the price is corrected and we fall to $700+. Hope this time we hit the ATH. We almost hit the ATH last time.

We are already at $1000. That didn't take long. Good luck with your future predictions! 

[LLec]

Would like to see the all time high come soon. Everybody knows that at the beginning of the year it always rises so it should not be long with only being 1 month and two days into the year it has just started. And from what the price has done in the last week then the party has just started in it increasing to this ATH pretty soon.
Fingers crossed.

[Karartma1]

Yes some manipulation should be over but I'll not sing our way to victory over price manipulation. That's not over and it never will.
What we can say is that the market recovered quite well after the last big drops. As I mentioned somewhere else rich people are stockpiling coins. They got the game right 

[maku]

What is interesting is that this article is not from standard bitcoin news portal like CoinDesk, CoinTelegraph. These types of positive articles are standard there.
But instead it's a news from Business Insider, general business related site focused more on traditional old school economic news. It is a sign that bitcoin is breaking through.

[Coin-Keeper]

I am loving the news as a Collector of coins for some time now.  I don't think its Trump, but what is going on over the pond that is driving the BTC upward.  Either way, its a nice direction for now.