Bitcoin Price Watch; Here’s What’s On Tonight!

Here's what we are going to watch for tonight's session in the bitcoin price. Before we get started on this evening’s analysis, there are two things worth pointing out from this morning’s publication. The first, that we remain well within the range we slated, which likely means that we’ve seen the end of last’s night’s decline, at least temporarily. Second, that we did get a brief correction, and we managed to pick out the reversal point almost to the cent. Bragging rights aside, why is this important? Well, it validates our upside key level (i.e. resistance) and suggests there’s probably....

Here's what were looking at tonight in the bitcoin price for our breakout strategy. In this morning’s bitcoin price watch piece, our primary focus was on the upside momentum we saw throughout the evening and Asian session on Tuesday, and how we could interpret this action as far as gaining insight into today’s volatility was concerned. We noted that – since we had seen some pretty sharp movements overnight – we may see a consolidation of the upside run this morning, as speculators took profits on their long entries. As things turned out, our expectations for some consolidation proved....

Here's what we are looking at for tonight's bitcoin price watch, with a focus on our standard breakout strategy against a slightly altered framework. So the European session has now come to an end in the bitcoin price, and it’s time to publish our take on what action throughout today’s session suggests about what we are looking at for tonight’s session. It has been a pretty interesting 24 hours, with action overnight kicking off the beginnings of what turned out to be a pretty large, sustained upside move – and in doing so – giving us a couple of nice opportunities to get in to the upside....

Here's a look at what we are focusing on in the bitcoin price this evening. After this morning’s brief correction, it looks as though things are getting back on track in the bitcoin price. There’s been plenty of volume, so we’re not going to see any action that’s too choppy, and there’s been some decent momentum around to get out levels outlined. We’re not going to do too much rambling this evening. Generally, we discuss a little about how action played out today, but to be honest, there’s not that much to say. After this morning’s dip we saw a bounce to the upside, and this peaked out at....

Here are the levels we are looking to trade for tonight's session in the bitcoin price, alongside a description of how our live trade played out this morning. In this morning’s bitcoin price watch piece, our focus was on two things. The first, an ongoing trade that we entered during the Asian session – one that had tested our stop but not hit it, and at the time of writing, was testing broken resistance as support. We took this testing as a positive sign, in the sense that the longer the level held, the firmer the support should be, and in turn, the higher the likelihood of a target hit.....