Bitcoin Price Breaks Upside; 400 Upside Target
Here's what we are looking at in today's bitcoin price markets, with targets, stops and entry levels defined. Sometimes, when we publish or analysis, things go wrong. More often than not, things go in our favor, and we are able to draw a profit form the markets buy setting up against either side of action and crossing our fingers. Every so often, things go exactly to plan. Yesterday afternoon, we got the latter. It came at a welcome time, as well. We’ve had a pretty tough week in the bitcoin price this week, with action initially remaining relatively stagnant and then going on to chop us....
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Here's a look at what we are focusing on in the bitcoin price this morning. It seems price is teasing us a little at he moment. Just as we get up to the region around which we can start targeting the 800 flat mark as an initial upside target and – beyond that – use it as resistance, the bitcoin price breaks to the downside and we get a correction to spoil the party. Overnight action did just that. Those who read last night’s coverage will know we were looking at one final upside run ahead of an 800 target, and that price looked like it might well make that run before we got back to the....
It’s happened again, folks. After a stellar increase over the last few days, the bitcoin price has fallen back down to reach a trading mark of around $741 at press time. We’re only a few dollars behind, but the digital currency is following in its “own footsteps.” Bitcoin Price Losing Steam? Not According to Analysts. One source describes bitcoin’s ongoing fluctuations: “It seems prices is teasing us a little at the moment. Just as we get up to the region around which we can start targeting the 800 flat mark as an initial upside target and – beyond that – use it as resistance, the bitcoin....
A bit of a fall has occurred on bitcoin’s side. Since our last price piece, the bitcoin price has stumbled by about $12 and now hovers at $628. Bitcoin Price Heading South? One source writes: “The levels in focus moving forward are in terms support to the downside at 629, and in-term resistance to the upside at 632. Just as with this morning, this width of range is far too tight to go at with an intra-range approach, so it’s all about breakout for now. If price closes above in terms of resistance, we will get in long towards an immediate upside target of 637. A stop on the trade at 630....
In this morning's bitcoin price we highlighted the levels that we were going to keep an eye on throughout today; s session, and suggested where we would be looking to get in and out of the market according to our intraday strategy if we get any volatility. Action has now matured throughout the day and as we head into a fresh Asian session, what are the levels that we are keeping an eye on, did the levels we slated this morning hold firm or did we get a break out, and where will we be looking to enter the markets according to our intraday strategy this evening? Take a look at the chart. As....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Thursday morning, and we are about to head into a fresh session out of Europe. In last night’s bitcoin price analysis, we noted that price had broken to the upside and that – as a result – things looked good for some further upside momentum. We tentatively slated 800 as a level to watch on the horizon, with that being the next major psychological target, but we also pinned a couple of nearer term levels as being ones to watch, with the goal of taking out a few profit targets on the way up to the big eight oh....