Bitcoin Price Watch; Weekend Highs Hit

Here's what we are looking at in the bitcoin price as we head into the weekend. Earlier on this morning, we published the first about twice daily bitcoin price watch pieces. In the article, we noted that the overnight highs that fell just short of 452 flat would likely serve as some pretty solid medium-term resistance, and that’s during today’s session, we might see a period of prolonged consolidation. As things turned out, this is exactly what we saw. Price corrected into lunchtime in Europe, and – having bounced from the level that we cited as in term support – pretty much just traded....

A little earlier on today we published our twice-daily bitcoin price watch piece, highlighting the levels we were looking at in the bitcoin price and suggesting how we might react to price reaching these levels as far as entering long or short positions was concerned. Now action has matured throughout the European session, and we are heading into the weekend, what will we be keeping an eye on, and the breaking of which levels will signal entry for us? Take a quick look at the chart. While we are primarily looking to the downside this week, and a break in this direction compounded this bias....

Here's what we are looking at tonight in the bitcoin price. So we are coming to the end of what has been a pretty eventful day in the bitcoin price. In this morning’s analysis, we noted that price over the weekend had gained to fresh highs, and that today, we would likely see a correction of these highs, or a continuation if price could break through the 700 mark. We set up so that we could enter according to our breakout strategy in either scenario, and as it turns out, the latter of these two situations proved to be the correct one. Price broke through 700, we entered along toward 710,....

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....

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....