Bitcoin Price Watch; This Evening’s Levels In Focus

Bitcoin Price Watch; This Evening’s Levels In Focus

Here's a look at what we are focusing on in the bitcoin price this evening. Things are really picking up now. Price was hovering around the early 800s this morning, but throughout the European session, has gained considerably, and we’re now looking at the 850 mark as a potential near term target. Who would have predicted that? Not us. Well, not this soon, anyway. Of course, our long term view is supportive of this bullish action. Long term holdings benefit from the momentum, and all’s well there. However, as mentioned a couple of times over the last few days, we expected the Christmas....


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Bitcoin Price Watch; This Evening’s Key Levels

The end of the European session is here, and it’s time to take a look at action in the bitcoin price today with a view to setting up a strategy for this evening. We got a bit of volatility earlier today, and managed to get in on a downside break for a quick scalp profit. Whether we will get a repeat of this volatility moving forward remains to be seen – there’s not been too much to speak of across the last few hours, and volume has been pretty weak. This may change as the US session heats up pre-close, and as the Asian session kicks off early morning. With that said, we’ve got a pretty....

Bitcoin Price Watch; Here Are This Evening’s Plays

Here are the levels in focus for this evening's session out of the US and Asia in the bitcoin price. The day is drawing to a close, and its time to put out the second of our twice daily bitcoin price watch pieces. As far as trading days go, this one started out relatively flat, and the action we saw throughout the evening on Wednesday suggested we weren’t going to see anything special come the European open. How wrong this interpretation was. Action throughout today’s session, perhaps buoyed by some positive sentiment across global news media, has seen price boost to fresh weekly highs,....

Bitcoin Price Watch; Here’s What’s on Tonight

Here’s what we are focusing on for this evening's session in the bitcoin price. So it’s time for the second of our twice daily bitcoin price analyses, and things aren’t going to be all that different from this morning. Action throughout the day has been relatively flat, although we did get a bit of a breakout, and managed to get into a long entry earlier in the day. This said, we were quickly stopped out, and we enter this evening’s session net flat in the markets. So, with this said, as we head into this evening’s session in the bitcoin price market, what are we looking at from an entry....

Bitcoin Price Watch; This Evening’s Key Levels

Here's what's on for our final session in the bitcoin price watch analysis strategy this week. So we are going to make things as simple as possible for our final price trading session of the week, and narrow our range right in to something like a fifteen dollar split. This gives us the chance to take advantage of any tight movement as we head into the weekend. Why are we doing this? Well, those reading will likely be aware of the action seen across the last few days, and the impact this has had on what we are now looking at as a potential upside price ceiling. However, this said, price has....

Bitcoin Price Watch; Tonight’s Key Levels

Here's a look at what we are focusing on in the bitcoin price this evening. This morning we noted that action in the bitcoin price was perfect for going at the markets with an intrarange, intraday strategy. We discussed the fact that price seemed to have held pretty flat between two key levels for the last few days, and that by going after these two levels on a bounce/correction strategy might be our best option. As it turns out, we were right. Action has now matured throughout the day, and we managed to get in and out of the markets a couple of times for an intrarange profit based on our....