Bitcoin Price Watch; Volatility Ahead?
Here's a look at what we are focusing on in the bitcoin price this evening. It’s late on Monday evening, and time to take our second look of the day at the bitcoin price market. In this morning’s analysis, we noted that price would likely be relatively inactive, primarily as a result of the Independence Day celebrations in the US, and the impact this has on wider market volume. As things turned out, we did get a bit of volatility, and were able to get into a short term scalp position as per our morning analysis. Having closed out that trade for a profit, we then saw price move back within....
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A little earlier on this morning, we published our twice daily bitcoin price watch piece. In the piece we outlined the levels we were looking to watch in the bitcoin market throughout Friday's session, and stated that - if we got the volatility we were looking for - we would look to enter according to our breakout strategy in an attempt to draw a short term scalp profit on the action. Action has now matured throughout the day, and we are heading into the close of the European session and the beginning of the weekend. In the majority of other financial assets, markets would be pitching to....
Here's what we are looking at in the bitcoin price for today's session. We are right at the beginning of a fresh week’s worth of trading in the bitcoin price, and it’s looking like we might get some interesting action going forward. Volume was pretty low across the weekend, but we still saw some volatility, and were able to get in and out of the markets according to our intraday strategy and draw a profit from the action. Ahead of this morning’s open, the bitcoin price gained to fresh highs just shy of 422 before correcting to close the gap on the gains we saw at the beginning of the....
Here's a look at what we are focusing on in the bitcoin price this evening. So that’s the first day of the week in the bitcoin price out of the way, and it’s been a pretty interesting one. We didn’t quite get the volatility we’d hoped for, but price did move, and we managed to get in on a short term scalp entry to draw a small profit from the market. Things have settled down a bit now, but that isn’t necessarily representative of what we can expect tonight, so with any luck we’ll get a bit more breakout action. So, with this said, and ahead of the late US session this evening, let’s take a....
The weekend is now over, and as expected (as we hypothesized on Friday) we saw quite a lot of volatility in the bitcoin price across the two-day period. We are now trading around 380 flat, having reached highs just ahead or 382 a little earlier this morning, giving us a jump in the region of $50 in a little of 24 hours. So, with this said, and as we head in to a fresh European session, what are the levels we are looking at today, are where will we look to get in and out of the markets in the event that we get a return to the volatility we saw over the last couple of days? As ever, take a....
The week ahead could be a big one for the bitcoin price and, in turn, our intraday strategy. Here's what we are watching for today. So we are just about to kick off a fresh week in our bitcoin trading, and action over the weekend gave us plenty to ponder going into today’s session. We saw quite a lot of volatility, some sustained, some not, and managed to get in and out of the markets according to our predefined parameters (those which we highlighted on Friday) and draw a profit. With this in mind, and as we head into a fresh week’s trading, what are the levels we are watching in the....