Bitcoin Price Volatile: Trades On Today!
Once again we have seen some pretty volatile action in the bitcoin price during the Asian session. Having declined throughout yesterday evening, from highs around 241.63 on the day, we reach 237.10 shortly before midnight. However, we quickly bounced from this level, and are currently trading around 240 flat - just shy of yesterday's highs at 241.63. The hope here is that we can get some further volatility during today's European session, and draw a profit from our intraday strategy as we head into the weekend. So, with this said, what are the levels that we are watching in today's bitcoin....
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Late yesterday evening we published our twice daily bitcoin price watch piece. In the article, we highlightedthe levels that we would be keeping an eye on during the Asian session on Monday night, and suggested where we would look to get in and out of the markets according to our intraday strategy. Now action has matured overenight, and as we head into a fresh European session on Tuesday, what are we looking at from a key level perspective, and where are we aiming to get in and out of the markets today to take advantage of any volatility in the bitcoin price? Take a quick look at the....
Here's what we are looking at in today's bitcoin price intraday strategy. Last week was a pretty good week for our intraday, bitcoin price strategy. We managed to get in and out of some decent trades, and limited our downside to just a few, negligible chop outs. With any luck, we’re in for a similar week this time around. If action over the weekend is anything to go by, then we can expect some volatility, and in turn, some entry signals. There haven’t really been any major fundamental developments, so our strategy heading in to today’s session will be primarily technically driven. With....
In this episode of NewsBTC’s daily technical analysis videos, we look at the volatility in Bitcoin price action following the FOMC meeting today where the Federal Reserve announced a 75 bps rate increase. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 21, 2022 Bitcoin price action has been ultra volatile before and after the United States Federal Reserve announced its decision to increase rates by 75 basis points. Although the market had been considering as much as a 100 basis points increase from the increasingly hawkish Fed, the central bank....
In what has been a pretty volatile week for the bitcoin price, we have managed to get in and out of the markets according to our intraday strategy on a number of occasions. However, during yesterday's action, we were chopped out by considerably despite our tight scalp parameters. As we head into a fresh European session, will get a repeat of the action we saw yesterday, or will the bitcoin price slowdown heading into the weekend? Take a quick look at the chart below. As the chart shows, the levels we are watching today are in term support at 232.49 to the downside, and in term resistance....
There are multiple signals that our current global financial structure is not working optimally, and the recent price restructuring by Apple is yet another indication of why things need to change soon. App store prices will go up in seven countries around the world, as tech giant Apple needs to account for volatile exchange rate changes in the affected regions. Bitcoin remains the only global currency in existence today where the playing field is even for anyone in the world. App Store Price Increase Due To Volatile Financial Markets. Similar to nearly every type of business in the world,....