Bitcoin Price Watch; Volatility is on!
Here's what we are looking at for today's bitcoin price watch strategy, with a focus on our breakout strategy. We’re a little bit late publishing the first of our two intraday bitcoin price analyses today, primarily as a result of the action we saw both overnight and throughout the initial phases of this morning’s session. Generally, we like to put our first interpretation of the night’s action out sometime around the kick of of the European and UK sessions (i.e. in line with traditional asset market open on those days). Today, however, we got a big move just prior to these openings, and....
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A little earlier on this morning, we published our twice daily bitcoin price watch piece. In the piece we outlined the levels we were looking to watch in the bitcoin market throughout Friday's session, and stated that - if we got the volatility we were looking for - we would look to enter according to our breakout strategy in an attempt to draw a short term scalp profit on the action. Action has now matured throughout the day, and we are heading into the close of the European session and the beginning of the weekend. In the majority of other financial assets, markets would be pitching to....
At the end of last week, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted a few of the key levels that we would be keeping an eye on in the bitcoin price over the weekend, and suggested how we would respond to price breaking or reaching these levels as far as entering on our intraday scalp strategy was concerned. Now action has matured over the weekend and we have seen quite a lot of volatility so, with this said, what are we watching today, and how might we draw profit from the market throughout the European session? Take a quick look at the chart. As....
Here's what we are focusing on this morning in the bitcoin price. In last night’s bitcoin price watch analysis piece, we highlighted a range that was quite a lot wider than those we have looked at across the last few weeks. This was in response to the volatility we saw over the weekend, and the opportunity this afforded us for an intra-range approach, rather than just our standard breakout strategy. Overnight, action didn’t mimic the volatility that we saw on Sunday, and pretty much just trended within the range we had predefined. Admittedly, it was a wide range, so it was optimistic to....
Shortly before the markets closed in the UK yesterday afternoon, we published our twice-daily bitcoin price watch piece. In the piece, we suggested how we would approach the markets throughout the Asian session, on expectations that markets and volatility and be able to implement our breakout strategy overnight. As it happened, we did get this volatility, and managed to get in and out of the markets pretty cleanly. So, with this said, what are the levels that we are watching today, and how we going to respond to any further volatility in the bitcoin price as business kicks off in Europe?....
If you read this morning's twice-daily bitcoin price watch piece, will be more than aware that we address the relative inactivity in the bitcoin price we've seen throughout the last couple of weeks, and our resulting difficulty as far as getting in and out of the markets according to our intraday breakout strategy has been concerned. We've not really had enough volatility to reach our pre-slated targets, and have - as a result - we chopped out for small losses are a number of occasions. We hope that today's action would bring a return to the volatility we enjoyed over the last couple of....