Bitcoin Price Watch; Wednesday Night Scalps

Here's a look at what we are focusing on in the bitcoin price this morning. Whatever your political persuasion, last night was a long night, and is likely still continuing for many across the US. Celebrations, commiserations, whatever is in order, we’re going to inject a dose of normality and stability in to your day with the first of our twice daily bitcoin price watch analyses right here. For those that couldn’t bear to watch, we’re going to spoil it for you now – Trump won. What that means for the bitcoin price remains to be seen. My initial thoughts right off the bat are that we will....

Here's a look at what we are focusing on in the bitcoin price this evening. So that’s the end of another day in the bitcoin price, and it’s time to take a look at what happened today and what we are going for this evening. As we mentioned this morning, things were pretty flat overnight, and we were hoping that we might see some volatility during today’s US session on the back of financial asset market volume increase created by the presidential debate last night. Things haven’t quite turned out as we hoped, and we didn’t manage to get into any scallop positions on action out of Europe, but....

Here's what we are looking at this evening in the bitcoin price. We are about to close out on another day’s trading out of Europe in the bitcoin price, and once again, things have been relatively quiet. Action overnight last night left a lot to be desired from a volatility perspective, and we didn’t manage to get in to the markets according to either our breakout strategy or our intrarange strategy – despite the width of our predefined range. A look at today’s action reveals a remarkably similar pattern. After the sharp gains seen over the weekend and early in the week, price has run out....

Here's what we are looking at for today's morning session - a return to breakout from yesterday evening's scalps. Yesterday afternoon, in the second of our twice daily bitcoin price watch pieces, we mixed things up a little bit. At time of writing we remained well within the range we had pre-slated as the one to watch for the morning session, and this gave us two choices. One, remain with that framework only (which, of course, wouldn’t have made for a particularly interesting evening’s worth of trading, or a particularly interesting analysis, for that matter); or bring a scalp strategy to....

Here's a look at what we are focusing on in the bitcoin price this morning. Wow, what a night. We’ve been asking for some volatility in the bitcoin price for the last couple of days, and boy did we get it last night. Things we’re a little flat in to yesterday evening, and we noted in the second analysis of the day that we may see a sharp breakout based on the idea that the flat action heading into the late session was a sort of price coiling. Price coiling is a conceptual way to describe the pressure building between buyers and sellers in the (generally speculative side of the) market, and....