Bitcoin Price Watch; A Volatile Week Ahead?
Here's a look at what we are focusing on in the bitcoin price this morning. So it’s the start of a fresh week, and action over the weekend in the bitcoin price was pretty interesting. We’ve seen what amounts to pretty much sideways trading over the last week or so, and we were hoping that this sideways action would translate to some volatility once it unwound. As things turned out, that’s what happened. We saw a pretty steady decline into Friday evening, and then price rose a little throughout Saturday. Then, early Sunday morning, price jumped, and then did the same late Sunday evening.....
Related News
Here's a look at what we are focusing on in the bitcoin price this evening. So that’s it, another week out of the way. As we noted in this morning’s bitcoin price analysis, things have been pretty wild this week. Price gave us plenty to go at with our intraday scalp strategy (and in turn, plenty to discuss as part of our intraday analyses) and we have managed to close out the week net up on the markets, despite the odd stop loss hit here and there. We’ve got a weekend’s worth of action ahead of us, however, and as those who are regular readers will be all too aware, price can often be....
Here's a look at what we are focusing on in the bitcoin price this evening. Ok, so that’s another day done, and it’s been a pretty quiet one. Action in the bitcoin price wasn’t overly volatile, and while we managed to get into one or two positions intrarange, it was nowhere near as ‘fun’ as we noted we hoped it might be in today’s earlier analysis. We’ve got the remainder of the US session ahead, and we’re looking to get in and out on any volatility, with the goal being to close out the week on a high. So, with this in mind, let’s get moving. Take a look at the chart below to get an idea....
Here’s what we are looking at as we head into what could be a volatile week in the bitcoin price market. We’ve had a pretty crazy few weeks in the bitcoin price space, and this has translated to some volatility in the effectiveness of our strategy. We have seen some macro events – the Brexit, politics in the US, etc. – and some micro shocks such as the ethereum hack and the Bitfinex freeze, and each of these has impacted the price of bitcoin in their own way. We were looking for some risk off sentiment towards the end of last week, and in turn, a shift to bitcoin as a risk off (safe haven)....
Here's a look at what we are focusing on in the bitcoin price this evening. So the weekend has pretty much arrived, but we’ve still got the close of the US session ahead of us, and an evening’s worth of trading to see if we can close out the week on top of the market. It’s been a pretty rough week, and the markets have been pretty volatile. Normally, this volatility is welcome – it gives us the chance to get in and out on breakout positions. This week, however, it’s been choppy, unsustained volatility. This meant we got chopped out of our trades on a number of occasions – price broke our....
Here's a look at what we are focusing on in the bitcoin price this evening. So the end of the week is here, and it’s time to take a penultimate look at the bitcoin price market before we kick off the weekend. Price has been pretty volatile across the last few days, and with this volatility has come plenty of opportunity to get in and out of the markets according to our intraday strategy. Earlier this morning we noted that price had dipped a bit overnight, putting the 1,000 target out of reach for a while, but that we might see a boost in volume heading in to the weekend, and that this....