Bitcoin Price Volatile: Here's What We're Looking At Today
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....
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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....
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,....
The bitcoin price has been pretty volatile overnight - here's our take on today's action from an intraday breakout perspective. Action in the bitcoin price overnight was pretty volatile. Having ranged for the previous twenty-four hours between tight key levels, price broke to the downside and – with a sustained decline, reached overnight lows just ahead of 365 flat. Having reached this level, however, and as the Asian session kicked off it’s Thursday trading, price reversed and made back the entirety of its losses to trade at current levels – circa 373 flat. Our breakout strategy took full....
The price per bitcoin is once again past the $1,000 mark at exchange Mt. Gox, following news that Overstock.com had made $130,000 in the first day of accepting bitcoin resounded through the community - making it the first major retailer in the world to do so. As of this writing, the price is $1,013 per bitcoin, up over 6% in the past 24 hours. The price has reached a high of $1,023 today and a low of $935 - reminding us that the currency is still volatile as ever. Meanwhile at Bitstamp, the price is over $100 less than Gox, at $898 per bitcoin at the time of this writing. While we're not....