Bitcoin Price Overview
As of May 15th, Huobi's Bitcoin price data shows:
- Current Price: ¥10,387.11
- Opening Price: ¥10,371.06
- 24-High: ¥10,479
Despite recent adjustments, the bullish trend remains intact. Yesterday's trading volume reached just 4,059.22 BTC at a peak of ¥10,500.
Key Observations:
- After hitting ¥9,450 on May 13th, prices rebounded and entered consolidation.
Daily Chart Indicators:
- MA (5,10,20) maintains bullish alignment
- MACD operates in strong territory
- RSI and Stochastic Oscillators approach overbought zones, suggesting potential short-term resistance
Hourly Chart Signals:
- MA system shows temporary disruption
- MACD hints at resilience near zero axis
- Momentum indicators trending upward quickly
Industry Impact: WannaCry Cyberattack
Event Timeline:
- May 12: Global ransomware attack ("WannaCry") begins
- Affected: 100+ countries, 100,000+ organizations
- Demand: Hackers requested Bitcoin payments for decryption
Notable Victims:
| Country | Organizations Affected |
|---|---|
| USA | 1,600 |
| Russia | 11,200 |
| Spain | Telecommunications, Energy Providers |
Huobi Analysts Clarify:
- Bitcoin is NOT the virus source or carrier
- Its pseudonymous nature makes it a preferred ransom tool
- The attack indirectly increased Bitcoin's visibility
Blockchain's Protective Role
Huobi Blockchain Research Director Xu Baolong emphasizes:
"Blockchain's decentralized nature prevents 'island risk' seen in centralized systems. Future applications could stop outbreaks like WannaCry by eliminating single points of failure."
Market Outlook
While short-term volatility persists, the underlying bullish structure remains unchanged. Investors should:
- Monitor daily chart resistance levels
- Watch for renewed momentum signals
- Consider blockchain's growing security applications
FAQ Section
Q: Is Bitcoin responsible for the WannaCry virus?
A: No. Bitcoin was merely the payment method demanded by hackers.
Q: How does blockchain prevent cyberattacks?
A: Decentralization removes vulnerable central points, making mass infections harder to execute.
Q: Should I be concerned about Bitcoin's price stability?
A: Technical indicators suggest the bull market remains healthy despite normal corrections.