Bitcoin Price Watch: Breakout On!

Bitcoin Price Watch: Breakout On!

It is becoming increasingly difficult to draw a profit from the market. What has been a faithful strategy for the past six months or so, our traditional breakout strategy, is failing to offer many valid entry signals on the back of the consolidatory action we have seen in the bitcoin price over the last week. We have ranged tightly mid range, not even touching our key levels. Not only has this left us unable to implement a breakout position, but it has also made it difficult to effectively bring our intrarange strategy into play - as this requires us to correct from a key level to enter,....


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