Bitcoin Price Watch: Volatility Rules!
At the end of last week, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted a few of the key levels that we would be keeping an eye on in the bitcoin price over the weekend, and suggested how we would respond to price breaking or reaching these levels as far as entering on our intraday scalp strategy was concerned. Now action has matured over the weekend and we have seen quite a lot of volatility so, with this said, what are we watching today, and how might we draw profit from the market throughout the European session? Take a quick look at the chart. As....
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So this morning we noted that we had hit 300 flat in the bitcoin price and that - as a result - our overarching bias was to the upside for today's European session. The session is now drawing to a close, and while we haven't seen an exorbitant amount of volatility, there has been some upside action. Action that, according to the rules of our intraday strategy, we have managed to take advantage of. With this said, and as we head into this evening and a fresh Asian session, what are the levels we are keeping an eye on, and where can we look to get into the markets on any further volatility....
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....
Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, the end of the week is here, and it’s time to put forward the penultimate of our twice-daily bitcoin price watch analyses for the week. Things have been pretty on and off this week. We have had periods of strong volatility, during which we have been able to get in and out of the markets according to our strategy rules for a few decent profits, but we have also had some relatively flat periods, whereby price has traded sideways and not really given us much to go at from a trading perspective. Let’s hope....
Here's a look at what we are focusing on in the bitcoin price this morning. Things are really starting to move now in the bitcoin price. Yesterday, and to some extent, the day before, action was relatively flat. This is not necessarily a bad thing. Sometimes, and especially after a period of extended movement, we need to see some flat action as price consolidates. Consolidation generally precedes a return to volatility, and that’s exactly what we’re seeing now. Price overnight moved – not substantially in one direction, but up and down – considerably, and we were given a number of....
Here's a look at what we are focusing on in the bitcoin price this evening. The European session is just about to draw to a close, and it is time to take the second of our twice-daily looks at the bitcoin price. Action throughout the day has been relatively flat, and we haven’t really had any opportunity to get in and out of the markets according to the rules of either our intrarange or our breakout strategies. This isn’t too much of a problem. Sometimes patience is key in these kinds of situations, and as the last few weeks’ worth of trading have shown us, we generally see things start to....