Get ready for US elections: 5 things to watch in Bitcoin this week
Crunch time in the U.S. comes as coronavirus sparks more lockdowns and money printing plans in Europe. Bitcoin (BTC) starts a new week and month just dollars away from its highest monthly close in history — what’s in store next?Cointelegraph takes a look at five price factors which may influence BTC/USD as the U.S. goes to the polls and coronavirus sparks new Europe-wide lockdowns.Election day looms for Trump vs. BidenThis week contains a geopolitical event which traditionally plays havoc with markets: the U.S. presidential election.Coming at a time when coronavirus angers and restricts....
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Here's what we are looking at in the bitcoin price this evening. So it’s time to draw our bitcoin price watch analysis to a close for the week. Things have been ok today, and we managed to get in and out of the markets on a couple of occasions for a quick profit. When we first kicked off today, we were a bit concerned about our risk management profile. So long as our risk stayed on form, things would be ok for a net profit going in to the weekend. This has been a bit tough with tight choppy action, as we try and set up a tight risk management profile but still leave a bit of space for some....
Here's a look at what we are focusing on in the bitcoin price this evening So that’s the day over, and it’s time to take our final look at the bitcoin price for this half of the week. Things have been slow so far this week, and the only real moves have come as the US session draws to a close and – shortly after – the Asian session kicks off. This could well happen again tonight, but with any luck we’ll see some volatility ahead of this period so we can get in to a position before session shutdown. Whatever happens, we’ll be ready to go. In this morning’s analysis, we mixed things up a....
Here's a look at what we are focusing on in the bitcoin price this morning. So that’s another weekend out of the way, and considering what we saw in the bitcoin price heading into the close of the week last week, things we’re relatively flat. In the second of our twice daily bitcoin price watch pieces on Friday, we noted that there looked to be plenty of volume pushing the markets throughout the day, and that this might be indicative of some weekend long volatility. As it turned out, this wasn’t the case. Things remained pretty inactive (at least, that is, from a price perspective) and we....
Here's a look at what we are focusing on in the bitcoin price this morning. In last night’s bitcoin price watch analysis, we took a look at what had happened throughout the day, and noted that the way price was moving made it pretty tough to maintain a steady strategy during the latter half of the week. Not that we haven’t been able to draw profits from the market – things have been pretty good to us – but that being able to keep things tight from a risk management perspective is a little harder than normal. Anyway, for the final day of the week, we’re going to shuffle things around a....