Bitcoin Price Watch; Closing Out Strong
Here's a look at what we are focusing on in the bitcoin price this morning. So we’ve made it to the end of the week, and what an interesting one its been. Action has been volatile across the board, and the bitcoin price has given us numerous opportunities to get in and out of the markets according to our intraday strategy, both on the long and the short side of the market. There’s still the European session and the US session to go, however, before things draw to a close for the weekend (of course, beyond that, we’ve still got the weekend volume to go at) and so let’s set up against....
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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....
The world's most loved cryptocurrency Bitcoin has registered the highest daily closing of 2015 at $417.89, while less prominent cryptocurrency Dogecoin has crashed to a fresh 2015 low of 22.7 satoshis. After spending considerable time near $400, Bitcoin finally pierced this resistance on news that an Australian man named Craig White could be the real Satoshi Nakamoto. While the claim is yet to be verified, it has certainly attracted strong speculative bullish interest raising hopes that $500 will again be touched. Bitcoin is currently trading at $418.36. However, market participants should....
Here's a look at what we are focusing on in the bitcoin price this evening. So that’s the week done, and it’s been a busy one. Things have played into our strategy from all angles, most notably (and I promise we’ll stop mentioning it from next week on out) the election in the US. It didn’t really play out as we expected, but that hasn’t impacted sentiment, at least not from a negative standpoint, and we’ve had lots of lovely volatility to dampen the disappointment of any decrease in volume. We’ve got the remainder of the US session left before wider financial markets take a break for the....
Bitcoin has slid another 1.31% to $239.85 and is threatening to break the crucial support zone of $238-240. The decline comes in the aftermath of the fallout between the Greek government and its creditors; the creditors have rejected Greek Prime Minister's bailout proposals and in return, the Greek government turned down the creditors' counter-proposal. In all of this, Bitcoin has remained fairly strong and is still closing above $240. Bitcoin is a risky trade right now: the technical indicators are saying 'sell' while the support zone is still being respected. Check out the technical....
Here's a look at what we are focusing on in the bitcoin price this morning. Right then. We’re closing in on the end of the week, and it is time to start securing our bitcoin price takings with a view to ending the week on a net positive note. We’ve had a little bit of luck so far this week, getting in and out according to the rules of our breakout strategy, but we’ve also been chopped out on occasion on the intrarange side of things. For the last couple of days, however, there’s been a noticeable trend, with price edging to the upside, making higher highs and higher lows on the five-minute....