Bitcoin Price Watch; End of the Week Scalps

Here's a look at what we are focusing on in the bitcoin price this evening, and beyond into the weekend. So that’s it – another week done. We started the week with a pretty boring bout of action – price traded relatively flat for the first forty-eight hours or so, and it looks as though (on the intraday charts, at least) we were going to get a repeat of the action seen last week. Flat, and essentially untradeable. How wrong we were. Looking back, it now looks as if price was simple consolidating on the back of the halving (that, and speculation regarding impact kept people out of the....

Here's a look at what we are focusing on in the bitcoin price this morning. OK then, let’s get things kicked off for w fresh week’s worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn’t really see any sustained momentum, so the trades were just scalps, at best. We should have a pretty busy week ahead if things carry through from the end of last week, so let’s get some levels in place and see where things land. As ever, take a look at the chart below to get an idea of....

Here's what we are looking at for today's morning session - a return to breakout from yesterday evening's scalps. Yesterday afternoon, in the second of our twice daily bitcoin price watch pieces, we mixed things up a little bit. At time of writing we remained well within the range we had pre-slated as the one to watch for the morning session, and this gave us two choices. One, remain with that framework only (which, of course, wouldn’t have made for a particularly interesting evening’s worth of trading, or a particularly interesting analysis, for that matter); or bring a scalp strategy to....

Here's a look at what we are focusing on in the bitcoin price this evening. So the day has come to an end out of Europe, and it’s time to take the second of our twice daily looks at the bitcoin price. Things have been pretty good to us as late – we’ve had plenty of opportunities to get in and out of the markets according to our intraday strategy (well, the breakout scalp side of it, at least, not so much the intrarange approach) meaning we are looking almost certain to close out the week net positive on the bitcoin price markets. This is not guaranteed, of course. We might see some rough....

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....