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"The bitcoin price chart is showing us what we want to see: steady advance with reasonable corrective pauses. $700 has been strung up and left behind. Bitcoin price wears its new boots like a determined Sandor Clegane."

From the analysis pages of xbt.social, earlier today:

Bitcoin price has surged through $700 and touched $750 in the most popular USD exchanges. The OKCoin 3Month futures contract hit near $850 during early trade, and – soaring way above them all – the CNY exchanges are approaching a resistance zone near 5500 CNY (blue zone in the chart above). The equivalent USD level is around $900 (Bitstamp).

Source: Cryptocoinnews

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