Bitcoin Price Watch; Here’s What’s On At The Close Of The Week

Bitcoin Price Watch; Here’s What’s On At The Close Of The Week

Here's a look at what we are focusing on in the bitcoin price this morning. Right then. Friday morning, a day left of the business week, and what a week we’ve had in the bitcoin price. There’s been so much volatility that the action has eclipsed that which we saw last week (and comparatively, last week was a lot more volatile than the week before) and we’ve had numerous opportunities to get in and out of the markets according to the rules of our intraday strategy. Boy did we take them. We’re heading into the close of the week sitting on a nice profit, and we’d like to close out with a....


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Bitcoin Price Watch; Here’s What’s on for the Weekend

Here's what we are looking at in the bitcoin price for the weekend ahead. It’s that time of the week again – the Friday close. We’ve had a pretty up and down week this week. The beginning of the week gave us some opportunities to get in according to the rules of our standard breakout strategy, and we drew a couple of nice profits before – mid week – things got a bit choppy. We tried to play a short term intrarange scalp strategy, but didn’t really have that much luck, and over the last forty-eight hours or so things have been pretty quiet. Sideways trading has dominated, and we’ve not....

Bitcoin Price Watch; Here’s What’s On This Morning

Here's a look at what we are focusing on in the bitcoin price this morning. Okay then. The middle of the week is here, and it’s time to take stock of what’s happened so far, and what is likely to roll out across the next couple of days. Things have been pretty up and down so far. We started out the week with some relatively flat action, but this matured into some volatility pretty quickly. The volatility, we were able to take advantage of, and we have managed to get in and out of the markets according to the rules of our strategy (primarily breakout) on a number of occasions so far. With....

Bitcoin Price Watch; Here’s What’s on for Today’s Session

Just as we did last night, let’s kick things off with a chart. The chart below shows action in the bitcoin price across the last 48 hours or so, and has the levels that we outlined last night being the ones to watch still overlaid. As you can see from the chart, having picked up strength throughout the majority of the week so far, bitcoin looks as though it is going to be heading to the close of the week down on its opening. Overnight saw a considerable and sustained sell off, and price carved out fresh weekly lows at just ahead of 436. Action over the last couple of hours has corrected....

Bitcoin Price Watch; Here’s What’s On For The Weekly Close

Here's a look at what we are focusing on in the bitcoin price this evening. Ok, the end of another week is here, and it’s been a great one for us intraday traders. Price hasn’t stayed still for long, and when it has, it’s generally been on the back of some solid momentum runs, so we expect consolidation here and there. We’ve got the remainder of the US session left to pull out some final cash from the markets, and with any luck, we’ll be able to set up against action and do just that. We’re coming off the back of a strong week, however, so if nothing presents itself as tradeable, we’re not....

Bitcoin Price Watch; What A Week!

Here's a look at what we are focusing on in the bitcoin price this evening. Well, there we go, another week of trading the bitcoin price nearly over. As we said this morning, it’s been a great week for our breakout strategy. When tings move like they have done this week, it’s difficult not to profit from the volatility. All we needed to do was set up our key levels and wait. That’s all we ever really do, but sometimes (when price action is choppy, for example) it doesn’t work out as simple as that. Anyway, we’ve got a US afternoon session to go before the weekend kicks off, and we’re going....