It has been another huge week for Bitcoin.
The cryptocurrency cruised through $US3,500 overnight, and a short time ago was trading at just over $US3,600, just off its highs of $US3,669.
Here’s the daily chart showing the rally through 2017:
Goldman Sachs technical strategists wrote in July that Bitcoin had the scope to reach $3,691, a level that seemed wild at the time.
After the cryptocurrency split at the start of this month, its blockchain network began implementing a software update called Segregated Witness, or SegWit, this week. It’s designed to increase transparency.
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