Bitcoin Price Watch; Riding Today’s Volatility
Here are the levels we are looking to trade in today's bitcoin price watch, early morning out of Europe. In yesterday’s price analysis, we discussed the levels that we would be focusing on for the evening session, noting that the range we were looking at was not all that different from the one we outlined in the earlier analysis. Volume was pretty weak, and while this can sometimes translate to sharp movements, we didn’t see any sustained momentum throughout the day. This lack of sustained momentum meant we weren’t able to get into any profitable positions, and finished the day pretty much....
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Here's a look at what we are focusing on in the bitcoin price this morning. Right. It’s Tuesday morning, and it’s time to take the first of our twice-daily looks at the bitcoin price in an attempt to figure out a method of drawing a profit from the market on any volatility we see during today’s action. Things have been pretty rough so far this week. We got chopped out during yesterday’s session, and overnight we didn’t really manage to get into too many different positions. One or two here and there, but also a loss, and we’re only just about net flat as things stand. With any luck, things....
Here is what we are looking to trade in the bitcoin price for this morning's session out of Europe It’s time to put together the first of our twice daily bitcoin price watch pieces, and in what looks to be a stark contrast to the action we saw over the last week or so, things have been pretty flat overnight. Price reached highs of a little over $725 across the major exchanges early this week (as most reading will already be aware) but has since corrected to where it currently trades, circa 670-680, and looks as though it might maintain this level for a sustained period going forward.....
Here’s what we are looking at on today’s fifteen minute charts, with an outline of the positions we are targeting if we get any volatility. It’s been a bit of an odd start to the week for the bitcoin price and our intraday strategy. Things seem very subdued, and we haven’t really had any major volatility – a couple of false breakouts aside – on which to get into the market. Sideways action between a pretty tight, four or five dollar range has dominated proceedings, and we’ve been forced to resort to scalp opportunities for our profits. In yesterday afternoon’s analysis, we highlighted....
It's a fresh week's trading in bitcoin, so here’s what we are looking at in today’s session. Yet again, we’ve had a pretty eventful weekend in the bitcoin price. We surmised that we might see some volatility on the Asian open, but actually ended up seeing the most volatile action early Sunday morning. Having gained throughout Saturday to overnight (and intraweek) highs just shy of 450 flat, price took a sharp hit to carve out weekend lows of 425.88 – a level that will feature in today’s trading strategy. Since these lows, we’ve been trending pretty steadily to the side, with what looks to....
Here's what we are looking to trade in the bitcoin price for this evening's session out of Europe. The European session is now drawing to a close, and its time to perform the second of our twice daily bitcoin price watch analyses. As we mentioned this morning, action over the weekend was pretty flat – something of an anomaly when considered in line with the sharp, volatile action we’ve seen during the weekend over the last few months. As things have turned out, action throughout today’s session has mirrored that which we saw over the weekend. Specifically, we’ve not really seen any....