Bitcoin Price: Top O' The Morning
Bitcoin price was showing signs of topping since yesterday and after a strong push to 3100 CNY and $480 (Bitstamp) price plummeted $100 in some exchanges before recovering during the day. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 11h30 UTC. Bitstamp 1-Day Chart. From the analysis pages of xbt.social, earlier today: The analysis below was already written by the time I post this and the price correction has begun. Price has....
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Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and the European session is about to get under way in the bitcoin price. We are going to take a look at how action over the weekend has affected price, and then use this action to have a go at setting up a strategy for today’s session. Action over the weekend was pretty flat, although we did see something of a slight bearish bias towards the end of Sunday evening. Price swung a little also, meaning we have a pretty solid range to go at this morning. So, with that out of the way, let’s get to....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning, and time to take the first of our two looks at the action in the bitcoin price for today. Before we do, let’s take a quick look at what happened overnight, as this is going to influence how we approach the markets this morning. Specifically, action last night formed something of a head and shoulders pattern on the five-minute chart. A head and shoulders forms when we get a peak, a dip, a higher peak, which then dips into another peak similar in height to the first, but not as high as the....
Here's a look at what we are focusing on in the bitcoin price this morning. So it’s Thursday morning, and time to take a look at the bitcoin price for the first time this morning – pre European session. Things have been pretty active this week, and we’ve managed to get in and out of the markets according to our intraday strategy on more than one occasion. We are net up on the market, and we’d like to carry tis positive bias through to the end of tomorrow’s session and close out another big week. Action overnight was pretty interesting. Price gained to reach the level we had pre-slated as....
Here's what's on for today's morning session out of Europe in the bitcoin price. It’s Thursday morning, and time to take the first of our twice tdaily looks at the bitcoin price. Action overnight has been relatively flat, but this doesn’t mean that we don’t have anything to go at this morning. Generally, sideways action will serve up some pretty solid outside parameters, and we can incorporate these parameters into our strategy pretty effectively. So, with that said, and as we head into fresh session this morning, let’s take a look at what we’re focusing on from a range and target....
Here's a look at what we are focusing on in the bitcoin price this morning. In last night’s analysis, we focused on the momentum seen in the bitcoin price throughout the day, and – in turn – the potential for price reaching (and with any luck) breaking through the 1000 level. It was early morning that we first noted it, but then as price matured throughout the day, it became a focus level. Overnight last night, price did eventually break through, and we now trade ahead of this level heading into the morning session out of Europe. So, as we move into today’s session, here is a look at what....