Bitcoin Price Watch; Here’s What’s on This Evening
Here's what we are looking at this evening for our bitcoin trading session out of the US The European session is drawing to a close, and the action we have seen today in the bitcoin rice has given us plenty to discuss for this evening’s analysis. In this morning’s price watch piece, we focused on the upside momentum we had seen in the bitcoin price across the last few days, and specifically, how we intended to play this sort of momentum going forward. Our range was pretty tight, but still gave us enough room to bring our intrarange strategy to the table if action gave us an opportunity to....
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Here's a look at what we are focusing on in the bitcoin price this evening. After this morning’s brief correction, it looks as though things are getting back on track in the bitcoin price. There’s been plenty of volume, so we’re not going to see any action that’s too choppy, and there’s been some decent momentum around to get out levels outlined. We’re not going to do too much rambling this evening. Generally, we discuss a little about how action played out today, but to be honest, there’s not that much to say. After this morning’s dip we saw a bounce to the upside, and this peaked out at....
Here's a look at what we are focusing on in the bitcoin price this evening. The end of the European session is here, and it’s time to take a look at action in the bitcoin price today with a view to setting up a strategy for this evening. We got a bit of volatility earlier today, and managed to get in on a downside break for a quick scalp profit. Whether we will get a repeat of this volatility moving forward remains to be seen – there’s not been too much to speak of across the last few hours, and volume has been pretty weak. This may change as the US session heats up pre-close, and as the....
Here's a look at what we are focusing on in the bitcoin price this evening. So here goes, our final bitcoin price analysis of the week. It has been a pretty busy week, as we noted earlier today, and one that will likely end up influencing our trading for weeks to come. Why? Because action has been so volatile that it has carved out numerous key levels, and we can use these key levels to carry forward into our trading throughout the remainder of January. Exactly which of them will become effective remains to be seen, but no doubt some of them will, and when they do, we will be ready to take....
Here's a look at what we are focusing on in the bitcoin price this morning. Overnight action in the bitcoin price was a little strange. Before the European session shutdown for the evening last night, we published the second of our twice-daily bitcoin price watch pieces, and in the piece, we highlighted what we thought was a relatively tight range as being one to watch from a breakout perspective. Because the range was so tight, we decided not to go at price with an intrarange approach, and – early evening – this seemed to be a solid strategy. We didn’t manage to get into any trades, but....
Here's a look at what we are focusing on in the bitcoin price this evening. Action in the bitcoin price today has been relatively lackluster, once again, but it looks as though things might heat up this evening. We managed to get in a little earlier on a breakout scalp trade, but apart from that, things have been pretty flat. We’re heading into this evening’s session with some degree of optimism, however, based on an expectation of a volume boost come the late US session. Without dwelling too much on the action seen during the day, then, and as ever, let’s close out the European session....