Bitcoin Price Watch; A Fresh Week!
Here's a look at what we are focusing on in the bitcoin price this morning. Well, we went into the weekend expecting a considerable amount of volatility, and unfortunately, have come out of it pretty disappointed. The reward halving promised to polarize sentiment, and to some extent it did, but this hasn’t really translated to any real price movements – at least, that is, nothing sustained. Price is down a little bit on the end of last week, and we may see some action today if volume picks up (main stream media out of the US will likely cover the halving and – in turn – draw some....
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Here's what we are looking at for today's bitcoin trading session out of Europe. So it’s taken a little longer than we’d hoped or expected, but we have finally broken through long term resistance and psychologically significant 400 flat in the bitcoin price. A run through the level as the Asian markets opened for a fresh week (Sunday evening GMT) brought fresh highs just shy of 410 flat, before correcting a touch to bring is to trade at current levels – circa 403. As we noted at the end of last week, action had been pretty rough on all of our approaches throughout the week. We tried....
Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, let’s get things kicked off for a fresh week in the bitcoin price. Before we get started, it’s worth recapping quickly for those fresh to our strategy what happened recent term, and how this impacts current price. Basically, price gained towards 1300 into the end of December, and then throughout early to mid January, seemed to give back the vast majority of these gains and collapse back down to the 700 region. Since then, a long period of consolidation (just shy of a week) and then some step up gains....
Here’s what we are looking at as we head a fresh day's trading in the bitcoin price market. Across pretty much the entirety of yesterday’s session in the bitcoin price, we saw an upside run. Marred by the odd correction, this run brought price to trade at what amounted to fresh weekly highs just ahead of 665, shortly before the day drew to a close. This is, of course, still quite a long way off the highs that came about last week, so this means two things. First, that there is still plenty of room to the upside if volume can hold price up for another sustained run. Second, that if we get....
Here's what we are looking to trade in the bitcoin price for this morning's session out of Europe It’s the start of a fresh week, and the weekend just gone has been a bit of an anomaly when compared to the last couple of months’ worth of action. Often, we will see a large, distinct, and usually sustained, price move. Across the weekends just gone, however, price has remained relatively flat. What this means for the week going forward – as yet that she was unclear, but chances are we will see a bit of movement as volume returns to the market. So, and as we head into a fresh with straight,....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s the start of a fresh week, and the weekend just gone has been a bit of an anomaly when compared to the last couple of weeks’ worth of action. Often, we will see a large, distinct, and usually sustained, price move, and given the action we saw last week, we expected this to continue as a trend. Across the weekends just gone, however, price has remained relatively flat. What this means for the week going forward is unclear, but chances are we will see a bit of movement as volume returns to the market. So, and as....