Bitcoin Price Watch; Closing Out The Week On A High!

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....

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....

The bitcoin price has fallen 11% over the last seven days, opening at $254.51 on 26th January and closing at $226.40 on 1st February, according to the CoinDesk Bitcoin Price Index. The price spiked at the start of the week, however, when it hit a high of $307.97 on the back of major announcements from Coinbase, which included its record-setting $75m funding round and the launch of its US-based exchange. The price jumped by more than $50 in intra-day trading. Price gains were quickly lost again as successive trading sessions took their toll. The biggest dip occurred on Wednesday, as the....

Here's a look at what we are focusing on in the bitcoin price this morning. So there we go. Another week pretty much complete, and it’s been a big one for many reasons. Trump is heading to the White House, the bitcoin price has made a series of fresh highs, and sentiment seems to be on the up. We’re expecting this sentiment to maintain throughout the weekend and into next week, so 800 is looking more and more of a possibility. Yes, we’ve got $80 or so to go before we crack this level, but we’ve seen bigger moves over a couple of days, and we’re going to be optimistic. So, with this in....

Here's a look at what we are focusing on in the bitcoin price this morning. So we’ve come to the end of the week, and it’s been an interesting one! We’ve had a couple of classical patterns, some intrarange action, and some nice breakout scalps. All of these things have given us opportunities to get in and out of the markets for a few good take profit hits. We’ve also seen a few stop loss hits, but as things stand, we remain net up on the market. We’ve got one day’s worth of trading left, and we want to try and make the most of it. As we head into today’s session, then, what are we looking....