Bitcoin Price Watch; Profit Target Hit!
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s bitcoin price watch analysis, our primary intent was to get across the importance of keeping things tight during the European session. Price has struggled to make any sort of sustained moves over the last few days, and while we have seen the odd spike, there has been no real trend momentum. The only way we are able to draw a profit from these sorts of market conditions is through a tight scalp strategy – that is, jumping in and out of the markets on the spikes and taking advantage of the action as....
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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....
Action has been a bit choppy in the bitcoin price over the last few days, but it hasn't stopped us drawing a profit from the market. Here's what we are looking at in today's European markets and beyond. Yesterday afternoon, our bitcoin price watch article highlighted a bunch of key levels, and in the article, we were able to define a classical pattern that suggested – from a technical perspective, at least – we were set for a continuation of the downside break we saw a little earlier in the day. A look at the action that succeeded our analysis shows a mixed response to our predictions. We....
Here's a look at what we are focusing on in the bitcoin price this evening. Well, things are getting interesting now. We’ve been watching closely for a break of the 800 flat level in the bitcoin price for what seems like forever, and based on last week’s action, it looked like we might have to wait a little bit longer. Sometimes, however, a session can make all the difference, and that’s what we’ve seen during daytime Europe on Monday. Aside from the potential 800 target, we’ve also managed to get in long on a break of this morning’s predefined resistance, which subsequently ran straight....
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....
A little earlier on this morning, we published our twice-daily bitcoin price watch analysis piece. In the piece, we highlighted the levels that we would be watching throughout Wednesday's session, in the hope that we could draw a profit from the bullish momentum we have seen in the bitcoin price as late. As it happens, we did get a break out, but we have now returned to trade within the range that we had slated as the one to watch this morning, and it looks as though we may see a temporary reversal of the current action. So, with this said, what are the levels that we are keeping an eye on....