Bitcoin Price Watch; The Volatilty Returns!
Here's a look at what we are focusing on in the bitcoin price this evening. Another day done in our bitcoin price trading operations, and it’s been a pretty interesting one. This morning we noted that we hadn’t seen too much volatility early week, and that in the absence of this volatility, getting in and out of the markets has been a little tough. We also noted, however, that this isn’t necessarily a bad thing. It’s a bit frustrating (things are far more exciting when we’re chasing a profit target) but it means we aren’t looking at any losses, and pretty much every time we run through a....
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As recently reported elsewhere on CryptoCoinsNews, price action has become “interesting” again after a long period of congestion. A possible explanation is that large traders are (re)positioning ahead of the re-opening of Chinese banks tomorrow. Although I don’t believe them to be the sole drivers of the uptick in Bitcoin price volatilty, problems with a couple of cryptocurrency exchanges have occurred during this period of expanding price movement. This issue of slow or failed withdrawals from Gox has been brewing for some time. Mt. Gox have released an official statement, asking for....
Here's a look at what we are focusing on in the bitcoin price this evening. So that’s another day done out of Europe, and it’s time to take the second of our twice daily looks at the bitcoin price this evening. A look at the session for today reveals one thing: it’s been a bit dull. Some days, action is flat and we don’t manage to get in to any real breakout entries. Some days, we manage to get into an entry, but it’s a quick turnaround, and we don’t see anything else outside of that position materialize for the remainder of the day. Today was the latter of these two scenarios. With that....
Average year-to-date returns for the top-four North American bitcoin miners are up to 140%, versus bitcoin price returns of 49%.
An analyst has explained how the worst could be behind for Bitcoin, and Q4 may bring back bullish momentum if history is anything to go by. Q3 Has Historically Been The Worst Time For Bitcoin Investors In a new post on X, Capriole Investments founder Charles Edwards talked about how investors are going through the worst time for Bitcoin. Below is the table cited by the analyst, which breaks down the quarterly returns the cryptocurrency has seen throughout its history. As is visible, the third quarter of the year has generally been the worst time for Bitcoin throughout history, with average....
Here's what we are looking to trade in the bitcoin price for this morning's session out of Europe It’s the start of a fresh week, and the weekend just gone has been a bit of an anomaly when compared to the last couple of months’ worth of action. Often, we will see a large, distinct, and usually sustained, price move. Across the weekends just gone, however, price has remained relatively flat. What this means for the week going forward – as yet that she was unclear, but chances are we will see a bit of movement as volume returns to the market. So, and as we head into a fresh with straight,....