Bitcoin Price Watch; Here’s what we are looking at tonight

Here's what we are going to watch for tonight's session in the bitcoin price. Before we get started on this evening’s analysis, there are two things worth pointing out from this morning’s publication. The first, that we remain well within the range we slated, which likely means that we’ve seen the end of last’s night’s decline, at least temporarily. Second, that we did get a brief correction, and we managed to pick out the reversal point almost to the cent. Bragging rights aside, why is this important? Well, it validates our upside key level (i.e. resistance) and suggests there’s probably....

Here's what were looking at tonight in the bitcoin price for our breakout strategy. In this morning’s bitcoin price watch piece, our primary focus was on the upside momentum we saw throughout the evening and Asian session on Tuesday, and how we could interpret this action as far as gaining insight into today’s volatility was concerned. We noted that – since we had seen some pretty sharp movements overnight – we may see a consolidation of the upside run this morning, as speculators took profits on their long entries. As things turned out, our expectations for some consolidation proved....

Here are the levels we are looking to trade for tonight's session in the bitcoin price, alongside a description of how our live trade played out this morning. In this morning’s bitcoin price watch piece, our focus was on two things. The first, an ongoing trade that we entered during the Asian session – one that had tested our stop but not hit it, and at the time of writing, was testing broken resistance as support. We took this testing as a positive sign, in the sense that the longer the level held, the firmer the support should be, and in turn, the higher the likelihood of a target hit.....

Here's a look at what we are focusing on in the bitcoin price this evening. So the session is about to draw to a close out of Europe, and it’s time to take the second of our twice daily looks at the bitcoin price in an attempt to see if we can draw a profit from the markets at some point during this evening’s session. Things have been pretty dull over the last few weeks, but volume is finally starting to pick up, and we are starting to see some decent breakouts and – in turn – a number of opportunities to get in and out of the markets according to the rules of our intraday breakout scalp....

Here's what we are looking at for the weekend sessions in the bitcoin price So that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same. Price action today....