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Cryptocurrency Analytics from FXOpen. 30/06/2015

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andref

It’s been a two great days for the cryptocurrency markets as all major coins set new multi-month highs. Bitcoin broke the June 17th high and rallied to $267.99, a more of more than 5 percent. Meanwhile Litecoin continues its unstoppable run with a gain of 47 percent in 22 hours. But let’s start with big brother first.

Bitcoin Gains 5 Percent

Bitcoin rallied from an open of $246 on Monday to a high of $267.99 today. The move came within striking distance of a previous important swing high at $269.70. We noted this level as a potential resistance figure in our previous BTC article. Bitcoin is currently quoted near the highs at $265.13. Read More https://blog.fxopen.com/litecoin-surges-47-bitcoin-higher-by-5-percent/

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  • BikerGSX

    As soon as I had heard that the Greek banks were going to close for a week, I transferred some more Bitcoin into Gold and Silver, before the markets opened, thinking the prices would jump higher then BTC in the short term, then I was going to transfer back to BTC. The weekly change in Gold price has been -0.14% !!!! Grrrrrrrrrrrrrrrrrrr Today I spoke to my local Gold bullion dealer, who informs me that sales have gone through the roof and is even having to delay some deliveries as they can't keep up. This is just more proof that the Gold and Silver markets are still being manipulated, where BTC is showing TRUE market value.

    Going to have to go back to the drawing board for when the next financial shock arrives, and arrive it will, Hold on to your hats everyone as this only, has just started.

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  • andref

    I think it is possible to have 300 by Monday. Bad news from Greece to help traders

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