Bitcoin Price Whipsaw: What Can Ichimoku Clouds Tell Us?

Bitcoin Price Whipsaw: What Can Ichimoku Clouds Tell Us?

The key word of the last week has been whipsaw. This term is applied in trading circles when the price head’s in one direction, and then is quickly followed by a movement in the opposite direction. The price of Bitcoin has entered a period of high volatility and is whipsawing all over the place. A few simple words here: traders beware. It is time to be vigilant and wait for the price to resolve it itself one way or the other and form a trend before putting money to work. The chart below shows how hard it has been to predict the price movement as we have moved from bearish to bullish back....

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