Bitcoin Price Watch; The Weekend Ahead
Here's what we are focusing on in the bitcoin price for both this evening and the weekend ahead. It’s that time again – our final bitcoin price analysis of the week. As we mentioned this morning, we have had a pretty up and down week, but today – so far at least – has been relatively flat. Action has remained well within our predefined range, and although we have seen a small amount of upside momentum, the real bitcoin price action (i.e. the breakout action that gives us sustained momentum and decent entries) looks like its going to wait until the weekend. This isn’t a problem, but it....
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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....
Here's what we are looking to trade in the bitcoin price as we head into the weekend. Stops, targets and entries included. In this morning’s bitcoin price watch article, we noted that the range we were focusing on in the bitcoin price was probably a little too tight to bring an intrarange strategy into the equation, but for an aggressive trader, it would probably be possible to draw a profit under some strict risk management parameters. We also discussed some breakout entries, and outlined a few key levels that we would look to take a position at if, and when, the bitcoin price closed....
Here's what we are looking at in the bitcoin price for today's session. We are right at the beginning of a fresh week’s worth of trading in the bitcoin price, and it’s looking like we might get some interesting action going forward. Volume was pretty low across the weekend, but we still saw some volatility, and were able to get in and out of the markets according to our intraday strategy and draw a profit from the action. Ahead of this morning’s open, the bitcoin price gained to fresh highs just shy of 422 before correcting to close the gap on the gains we saw at the beginning of the....
On Friday evening, shortly before the markets close in Europe, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted levels that we would be keeping an eye on throughout the weekend in the bitcoin price, and suggested where we would look to get in and out of the market according to our intraday bitcoin price breakout strategy was concerned. Now action has matured, and as we head into a fresh week's worth of trading in the bitcoin price, what of levels that were keeping an eye on, and where will we look to draw profit today? Take a quick look at the chart. As....
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....