Bitcoin Price Watch; Closing Out The Week On A High

Bitcoin Price Watch; Closing Out The Week On A High

Here's a look at what we are focusing on in the bitcoin price this morning. So we’ve come to the end of the week, and it’s been an interesting one! We’ve had a couple of classical patterns, some intrarange action, and some nice breakout scalps. All of these things have given us opportunities to get in and out of the markets for a few good take profit hits. We’ve also seen a few stop loss hits, but as things stand, we remain net up on the market. We’ve got one day’s worth of trading left, and we want to try and make the most of it. As we head into today’s session, then, what are we looking....


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Bitcoin Price Watch; Closing Out The Week

Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, the end of the week is here, and it’s time to put forward the penultimate of our twice-daily bitcoin price watch analyses for the week. Things have been pretty on and off this week. We have had periods of strong volatility, during which we have been able to get in and out of the markets according to our strategy rules for a few decent profits, but we have also had some relatively flat periods, whereby price has traded sideways and not really given us much to go at from a trading perspective. Let’s hope....

Bitcoin Price Watch; Closing Out The Week On A High!

Here's a look at what we are focusing on in the bitcoin price this evening. There we go – another week done in the bitcoin price. We’ve had a great week, and there have been loads of chances for us to get in and out of the markets according to our intraday strategy. Unfortunately, we haven’t managed to draw as much from the market on this last day of action as we might have liked. Not that price didn’t move (as we’ll get to shortly, it really did) but just that the move was a bit choppy, and didn’t mirror the sustained momentum we have enjoyed over the past few days. With that said,....

Markets Weekly: Bitcoin Price Drops as Coinbase Euphoria Wanes

The bitcoin price has fallen 11% over the last seven days, opening at $254.51 on 26th January and closing at $226.40 on 1st February, according to the CoinDesk Bitcoin Price Index. The price spiked at the start of the week, however, when it hit a high of $307.97 on the back of major announcements from Coinbase, which included its record-setting $75m funding round and the launch of its US-based exchange. The price jumped by more than $50 in intra-day trading. Price gains were quickly lost again as successive trading sessions took their toll. The biggest dip occurred on Wednesday, as the....

Bitcoin Price Watch; Closing Out The Week

Here's a look at what we are focusing on in the bitcoin price this morning. So there we go. Another week pretty much complete, and it’s been a big one for many reasons. Trump is heading to the White House, the bitcoin price has made a series of fresh highs, and sentiment seems to be on the up. We’re expecting this sentiment to maintain throughout the weekend and into next week, so 800 is looking more and more of a possibility. Yes, we’ve got $80 or so to go before we crack this level, but we’ve seen bigger moves over a couple of days, and we’re going to be optimistic. So, with this in....

Markets Weekly: Bitcoin Prices Stay Flat While Volume Declines

The price of bitcoin has registered another flat week with a slight decline, as it opened the week at $378.64 and closed just four dollars down at $374.26 on 7th December. The biggest intra-day swing was a one-day rally on 5th December that saw the price rise from a low of $365.68 to a high of $378.65, adding $18 over 24 hours. Trading volume, however, dropped sharply compared with last week, with just over two million coins traded across all exchanges tracked by Bitcoinity. This represented a 42% fall in traded volume compared to the previous week, which saw 3.6 million coins change....