Bitcoin Price Watch; Trading the Week Ahead

Bitcoin Price Watch; Trading the Week Ahead

We are entering a fresh week’s trading in the bitcoin price, and, once again, action over the weekend did not disappoint. We have had a number of sharp moves across the last few months when the Sunday session starts, and – in line with this trend – price dropped sharply throughout Sunday evening’s session and into the early Monday morning, to carve out fresh lows just ahead of where it now sits at 447. These lows will play a key role in today’s early morning trading, and the sharp move should help us interpret any volatility that price throws out during early Europe today. So, as we head....


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Bitcoin Price Watch; The Week Ahead

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Here's a look at what we are focusing on in the bitcoin price this morning. OK then, let’s get things kicked off for w fresh week’s worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn’t really see any sustained momentum, so the trades were just scalps, at best. We should have a pretty busy week ahead if things carry through from the end of last week, so let’s get some levels in place and see where things land. As ever, take a look at the chart below to get an idea of....