Bitcoin Price Watch; Final Analysis Of The Week
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s analysis, our primary focus was the finding of long-term support in the bitcoin price. We pointed out that it looked as though price had finally found some support, and that the upside we saw throughout yesterday afternoon, and the subsequent action in overnight trading, reinforced this thesis. We can’t be certain, of course, but it certainly looks that way. Our overarching bias, therefore, this morning, was to the upside. We didn’t really alter our strategy to reflect this bias (it’s not really....
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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....
Here's a look at what we are focusing on in the bitcoin price this evening. So the weekend has pretty much arrived, but we’ve still got the close of the US session ahead of us, and an evening’s worth of trading to see if we can close out the week on top of the market. It’s been a pretty rough week, and the markets have been pretty volatile. Normally, this volatility is welcome – it gives us the chance to get in and out on breakout positions. This week, however, it’s been choppy, unsustained volatility. This meant we got chopped out of our trades on a number of occasions – price broke our....
Here's a look at what we are focusing on in the bitcoin price this evening. So here goes, our final bitcoin price analysis of the week. It has been a pretty busy week, as we noted earlier today, and one that will likely end up influencing our trading for weeks to come. Why? Because action has been so volatile that it has carved out numerous key levels, and we can use these key levels to carry forward into our trading throughout the remainder of January. Exactly which of them will become effective remains to be seen, but no doubt some of them will, and when they do, we will be ready to take....
Here's a look at what we are focusing on in the bitcoin price this morning. Well, here we go, the first of our final two analyses of the bitcoin price this week. As we have said on a number of occasions, price has been really volatile this week, and as a result, we have had plenty of opportunities to get in and out of the markets according to our intraday strategy. Both our breakout strategy and our intrarange strategy have come into play at various points in time, and with any luck, we will be able to bring both into play one final time this week and end the week on a high. So, with this....
Here's a look at what we are focusing on in the bitcoin price this morning. Well, here we go, the first of our final two analyses of the bitcoin price this week. As we have said on a number of occasions, price has been really volatile this week, and as a result, we have had plenty of opportunities to get in and out of the markets according to our intraday strategy. Both our breakout strategy and our intrarange strategy have come into play at various points in time, and with any luck, we will be able to bring both into play one final time this week and end the week on a high. So, with this....