Bitcoin Price Watch; Holding the Course...
Here's a look at what we are focusing on in the bitcoin price this morning. So the middle of the week is here already. Things are moving fast in the bitcoin price, and we are pretty much at the mid point of September. Extending that, we’ve only got fifteen days left of the third quarter! Where’s 2016 going… Oh well. We’ve got plenty of time to reflect on the year as a whole over the coming months – it’s something we’ll probably save until the closing couple of weeks. Right now, we’re well entrenched in our intraday patterns, and we’ve had a pretty successful week so far. Quick in outs,....
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We are publishing our second bitcoin price watch piece a little later than normal today, primarily because action throughout this afternoon's European session has failed to bring any real entry signals to the table, and we thought we would hold out a little bit in order to see if anything materialized. As it turns out, action over the last couple of hours (across which we have been holding out) has remained relatively flat, with the bitcoin price holding a tight range (about $3-4) within the range we slated this morning as being the one to watch. T would be easy now to throw our breakout....
Yesterday afternoon, shortly before the markets closed in the UK, we published our bitcoin price watch piece highlighting the levels we would be keeping an eye on in the BTCUSD as the bitcoin price matured overnight. We've seen some considerable movement throughout this maturity, and our parameters - in terms of levels to watch - have changed. With this said, what happened overnight, and what will action around particular levels tells about a potential intraday bias as we head into a fresh day of trading? Take a quick look at the chart. As you can see, action in the bitcoin price overnight....
Following yesterday's European session in the bitcoin price, we reported our twice-daily interpretation of price action, and offered up the levels that we would be keeping an eye on in the BTCUSD as the US afternoon session took hold and bitcoin price action matured throughout the day. We are now about to kick off another day's trading in bitcoin, and action overnight has presenters with a couple of fresh key levels that our traders will be watching closely for bias inference this morning. This said, what did action tell about the likely short-term direction in the bitcoin price, and what....
BTC’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance. BTC’s price remains indecisive on the daily timeframes as the price trades below the 50 Exponential Moving Average (EMA). The price of Bitcoin has surpassed the expectations of many holding out for the price to continue in its downtrend as many traders looked trapped with no sign of Bitcoin (BTC) going lower....
BTC’s price needs to stay above $20,500 for the price to have a chance to rally high to a region of $22,500. BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance. BTC’s price remains strong, holding key support on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The crypto market had a good run in the previous week as the price of Bitcoin (BTC) surpassed the expectations of many holding out for the price to continue in its downtrend as many traders looked....