Don't worry!! Be happy. This is the weekly candlestick chart of the bitcoin...!!
Weekly candlestick chart of the bitcoin!!
7 years ago by happyberrysboy (83)
$3.87
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Bitcoin remains close to $ 10,000 this Thursday, a day after touching $ 11,000, after retreating to $ 9,000.
On Bitfinex stock exchange based in the United States, Bitcoin is at $ 10,067.00 at 4:40 AM ET (09:40 AM GMT), after earning $ 10,540 earlier.
On Wednesday, bitcoin climbed to a new high of $ 11,427.17, gaining up to 15% before tumbling down to 21% to a low of $ 9,001 in a lightning crash, before bouncing back.
Bitcoin, which is known for its strong fluctuations, and has a tendency to quickly bounce back.
The price of Bitcoin increased significantly in 2017. Although it took almost four months to go from $ 1,000 to a closing price of more than $ 2,000, it went from $ 9,000 to about $ 10,000. in three days.
Its meteoric rise has warned against an increasingly volatile bubble amid signs that it is moving from the periphery of finance to the general public.
{{0 | JPMorgan Chase}} CEO Jamie Dimon recently called Bitcoin a "scam" that would eventually explode, and UBS described Bitcoin as a "speculative bubble" in a recent investor note.
Prices were also boosted after the CME (NASDAQ: CME) group, the world's largest derivatives exchange operator, announced this month its intention to launch bitcoin futures later in the year. year, pending regulatory approvals.
On Wednesday, the Wall Street Journal reported that Nasdaq and Cantor Fitzgerald are also considering launching bitcoin derivatives.
A recent proliferation of the initial supply of coins, in which start-ups create a new virtual coin or token and offer it for public sale, has also fueled purchases.
Elsewhere, Bitcoin Cash is at $ 1.339.90 while Bitcoin Gold is at $ 287.74.
Elsewhere, Ethereum, the second-largest market-ready cryptocurrency is at $ 449.19, after touching $ 518.00 on Wednesday.
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