Bitcoin Price Ranges After Breakout: What Next?

Bitcoin Price Ranges After Breakout: What Next?

For the first time in a number of weeks, action in the bitcoin price came during the European session rather than the Asian overnight session. Yesterday's market saw a sharp increase in the price of bitcoin from lows of around $223 to intraday highs of $231, and - from these levels - the bitcoin price has ranged between relatively tight parameters to bring us to this morning's session. So, with this said, what are the levels that we are watching in the bitcoin price today, will we get another movement like we saw yesterday, and if so, can we get in and out of the markets according to our....


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Bitcoin Price Ranges: Upside Breakout on the Cards?

Earlier this morning we published our pre-session bitcoin price watch piece. We suggested the levels to watch in the bitcoin price throughout today's European session, and pointed out that we had finally seen some action in the bitcoin market over the weekend, and that we would be looking to draw on this volatility to get in and out of the markets today. Action has now matured, and as we head into the Asian session this evening - what are the levels that we are watching tonight, and are we looking at a range bound, or breakout strategy going forward? Let's take a look. First, consider the....

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