‘Get ready’ for BTC volatility — 5 things to know in Bitcoin this week
Up or down, it is high time that Bitcoin made a significant move, market participants agree. Bitcoin (BTC) starts a new week keeping everyone guessing as a tiny trading range stays in play.A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000.Despite calls for a rally and a run to lower macro lows next, the pair has yet to make a decision on a trajectory — or even signal that a breakout or breakdown is imminent.After a brief spell of excitement seen on the back of last week’s United States economic data, Bitcoin is thus back at square one —....
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Bitcoin’s volatility is going crazy as the price dropped down 20% to $43k today, right after a week of shockingly low activity! Bitcoin 7-Day Volatility Declined To 2.3% Last Week As per the latest weekly report from Arcane Research, the 7-day volatility of the cryptocurrency declined again this past week. The volatility is an indicator […]
Here's a look at what we are focusing on in the bitcoin price this morning. OK then, let’s get things kicked off for w fresh week’s worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn’t really see any sustained momentum, so the trades were just scalps, at best. We should have a pretty busy week ahead if things carry through from the end of last week, so let’s get some levels in place and see where things land. As ever, take a look at the chart below to get an idea of....
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s analysis, we noted that things have been relatively flat so far this week (as they were over the weekend) and that – as a result – we were looking for some volatility during today’s session to get things moving for the week. Like we said before, it’s not really a problem if things are flat, but it makes for pretty dull strategy execution (and in turn, pretty dull reading for those who pay regular attention to this analysis). Well, the European session has now drawn to a close, and we got exactly....
Here’s what we are looking at on today’s fifteen minute charts, with an outline of the positions we are targeting if we get any volatility. It’s been a bit of an odd start to the week for the bitcoin price and our intraday strategy. Things seem very subdued, and we haven’t really had any major volatility – a couple of false breakouts aside – on which to get into the market. Sideways action between a pretty tight, four or five dollar range has dominated proceedings, and we’ve been forced to resort to scalp opportunities for our profits. In yesterday afternoon’s analysis, we highlighted....
Here's a look at what we are focusing on in the bitcoin price this morning. Okay then. The middle of the week is here, and it’s time to take stock of what’s happened so far, and what is likely to roll out across the next couple of days. Things have been pretty up and down so far. We started out the week with some relatively flat action, but this matured into some volatility pretty quickly. The volatility, we were able to take advantage of, and we have managed to get in and out of the markets according to the rules of our strategy (primarily breakout) on a number of occasions so far. With....