Bitcoin Price Flat: Asian Session Action?

For this mornings bitcoin price watch piece, we are going to take a look at action overnight to try and ascertain whether the levels we had slated as the ones to watch during the Asian session remain relevant today, and from this, try to gain an insight into how we are going to go about playing todays action. From this, we will see whether out intraday breakout strategy or intrarange strategy are more relevant for today's action. First then, take a quick look at the chart. As you can se, action overnight saw a continuation of the overarching bullish momentum we have seen over the last few....

Staying on top of the bitcoin price over the last couple of weeks has been a tough task. While there have been some defined movements, they have primarily come during the Asian session, and often been short and pronounced. During the European session, conversely, we have seen pretty flat action - with the bitcoin price primarily ranging between tight parameters. With this said, we have still managed to get in and out of a number of trades, and so long as we continue to employ our intraday strategies will no doubt draw profit from the market. So, as we head into a fresh day's European....

Here's what we are looking to trade in the bitcoin price for this evening's session out of Europe. The European session is now drawing to a close, and its time to perform the second of our twice daily bitcoin price watch analyses. As we mentioned this morning, action over the weekend was pretty flat – something of an anomaly when considered in line with the sharp, volatile action we’ve seen during the weekend over the last few months. As things have turned out, action throughout today’s session has mirrored that which we saw over the weekend. Specifically, we’ve not really seen any....

It is getting harder and harder to predict action in the bitcoin price as late. Just when we think the volatility has come to an end, we get a pop up or down that marks a return to action. This, of course, is not necessarily a bad thing - we have designed our strategy to take advantage of exactly this type of movement - it just means we are never quite sure when our entries will validate. Action overnight and throughout the Asian session saw exactly this type of movement, and we are finally able to reevaluate our predefined parameters. So, with this said, and as we head into the second....

With all the positive action we saw in the bitcoin price at the beginning of this week, we expected that we might see further strength as the week drew on. Having reached highs around 245 flat yesterday, these hopes renewed. However, as it turns out, action during last night's Asian session and yesterday's European session has discounted the majority of these gains, and we now return to trade pretty much where we were beginning of the week. With this said, our strategy, accommodates both bullish and bearish moves, and so long as we get volatility, we can attempt to draw profit from the....