Bitcoin Price Watch; End of the Week Run Up
Here's our penultimate take on the bitcoin price before the week draws to a close. We’ve come to the end of another week’s worth of trading in the bitcoin price – at least, that is, trading while wider financial markets are open – and its been a week of two halves. The first half of the week saw Sunday’s large downside shift and, shortly after, a similar move throughout the Monday and Tuesday sessions. From there on out, however, things settled down a bit, and action in the bitcoin price seemed to consolidate into Wednesday and Thursday. We got a couple of spikes, some chopped out entries,....
Related News
Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, the end of the week is here, and it’s time to put forward the penultimate of our twice-daily bitcoin price watch analyses for the week. Things have been pretty on and off this week. We have had periods of strong volatility, during which we have been able to get in and out of the markets according to our strategy rules for a few decent profits, but we have also had some relatively flat periods, whereby price has traded sideways and not really given us much to go at from a trading perspective. Let’s hope....
Here's what we are looking to trade in the bitcoin price on Friday morning out of Europe. So we’ve come to the end of the week, and its time to take a look back at how our intraday bitcoin price watch strategy performed against recent action. It has been a pretty wild week, especially when compared to some of the weeks we’ve had of late, so there has been plenty to go at from a breakout perspective. Specifically, we managed to get into the two upside runs – one at the beginning of the week that saw price break the 650 flat mark and then one just yesterday (well, Wednesday Asian session if....
Here's a look at what we are focusing on in the bitcoin price this morning. So that’s another weekend out of the way, and considering what we saw in the bitcoin price heading into the close of the week last week, things we’re relatively flat. In the second of our twice daily bitcoin price watch pieces on Friday, we noted that there looked to be plenty of volume pushing the markets throughout the day, and that this might be indicative of some weekend long volatility. As it turned out, this wasn’t the case. Things remained pretty inactive (at least, that is, from a price perspective) and we....
Here's what we are looking to trade in the bitcoin price this evening and beyond, into the Asian session tonight. In this morning’s bitcoin price watch article, we discussed the potential for some volatility throughout today’s session. Bitcoin had a pretty up and down week last week, and while the action was conducive to our intraday strategy, it made for uncertainty as we headed in to a fresh session this week. Would the up and down action continue? Were we gearing up for some strength, or are we headed into a selloff? Well, the week is now officially underway, and it looks as though we....
Here's what we are looking at this evening in the bitcoin price out of Europe Here we are, that time of the week again. The close of the Friday session out of Europe, and as such, time for the final of our twice daily bitcoin price watch analyses for the week. All said, it’s been a pretty wild week. We’ve had a nice combination of sideways, intrarange action (from which we drew a couple of nice profits earlier on in the week by way of our intrarange strategy) and sustained volatility, again from which we managed to get some decent breakout entries. We noted this morning that the overnight....