Bitcoin Price Watch; Here’s What’s on for the Weekend

Bitcoin Price Watch; Here’s What’s on for the Weekend

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....


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Bitcoin Price Watch; Here’s What’s On Today

Here's a look at what we are focusing on in the bitcoin price this morning. Okay, we’re off to a fresh start for the week in our bitcoin trading, and it is time to take a look at what’s happened over the weekend, and see if we can figure out where we expect price to go during today’s European morning session. With any luck, we will get some volatility, and be able to get in and out of the markets according to our intraday strategy. Over the weekend, price remained relatively flat, and we didn’t see that much in the way of breakout action. We did manage to get in on a couple of short term....

Bitcoin Price Watch; Here’s What’s On

Here's what we are looking at in the bitcoin price as we head into the weekend. In this morning’s analysis, we discussed the reversal of the overarching bullish momentum we had seen in the bitcoin price overnight, and suggested that it might just be corrective and – in turn – we could see a return to the upside throughout the Friday European session. While the bitcoin price remains within the range we defined earlier, action this afternoon has brought us to trade just shy of resistance, and it looks like we may get some further upside as we head into the Friday evening session and beyond,....

Bitcoin Price Watch; Here’s What’s On This Morning

Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and the European session is about to get under way in the bitcoin price. We are going to take a look at how action over the weekend has affected price, and then use this action to have a go at setting up a strategy for today’s session. Action over the weekend was pretty flat, although we did see something of a slight bearish bias towards the end of Sunday evening. Price swung a little also, meaning we have a pretty solid range to go at this morning. So, with that out of the way, let’s get to....

Bitcoin Price Watch; Here’s What we are Looking at This Morning

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Bitcoin Price Watch; Here’s Our Weekend Strategy

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....