Bitcoin, Technical Analysis Bitcoin Surges To 2016 Highs On Rising Chinese Demand May 27, 2016 Renegade Investor Leave a comment Via Zerohedge.com “Overnight bitcoin, which had traded in a stable range with little of its characteristic volatility in recent months, made its latest breakout, surging nearly 5% from a $440-level, to a fresh 2016 high of $480” Read more here.. (Click for larger image)