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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. It is Tuesday morning, and time to try and figure out how we can draw a profit from the bitcoin price today. Things so far this week have been pretty flat, and those who yesterday’s coverage will be aware that we didn’t manage to get in or out of the markets on too my occasions because of said flat action. Overnight, however, we got a little bit more momentum, and finally saw a breakout early morning out of Europe. Price ran through our predefined resistance to the upside, and subsequently reached early morning....