btc usd

[kushipapa]

btc usd In the face of continued division over its technical roadmap, the has responded by creeping closer to all-time highs. Following positive sessions over the, the hit a high of $1,219 to start session, reaching a total the market hadn’t seen since late March. At press time, the price of bitcoin was trading at $1,216, slightly below that figure. The three-week high observed is the highest figure since 16th March, when bitcoin hit a high of $1,260 amid a period of heavy volatility. (The day’s low was $1,132, a differential of more than $100 for that day’s trading). Yet, indicators suggest it’s not yet clear exactly which direction the bitcoin price is heading. On Friday, for example, bitcoin faced heavy resistance at the $1,200 level and struggled to move upward. This was despite 80% of the market entering buy orders at 20:00 UTC, according to data from BFXdata, a service that tracks trading activity on Bitfinex. Today, that indecision seems apparent once again, as 24-hour trades favored buy orders 61% to 39%, while 1-hour order book activity favored sellers 56% to 44%. The further comes amid a decline in exchange-traded bitcoin volume from peaks observed in the wake of a US regulator’s decision to reject a retail investment product focused on the technology in mid-March. Roughly 100,000 bitcoins have been traded in the last 24, with Bitfinex, OKCoin and Kraken observing the most activity during this span. Measuring tape image via Shutterstock Bitcoin TradingPrices 20174
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