Is The Bitcoin Price Winding Up For A Big Move?

Is The Bitcoin Price Winding Up For A Big Move?

We are publishing our second bitcoin price watch piece a little later than normal today, primarily because action throughout this afternoon's European session has failed to bring any real entry signals to the table, and we thought we would hold out a little bit in order to see if anything materialized. As it turns out, action over the last couple of hours (across which we have been holding out) has remained relatively flat, with the bitcoin price holding a tight range (about $3-4) within the range we slated this morning as being the one to watch. T would be easy now to throw our breakout....


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In yesterday’s bitcoin price analysis, we were all about risk management. The action we had seen over the duration of the week left us a little jittery, and we were concerned that without tight risk management we might get caught on the wrong end of a sharp movement and, in turn, an irreparable loss. As it turned out, things went pretty well for us, and we managed to pick up a few dollars’ profit on our intrarange plays. Things weren’t as volatile as we expected, and this lack of volatility looks to have filtered through into today’s action. We are pretty much range bound, which means that....