Bitcoin Price Watch; Volatility Spike!
Here's a look at what we are focusing on in the bitcoin price this morning. So we’re off to a fresh day of trading in the bitcoin price, and with any luck, we’ll get some volatility this morning. Volume picked up yesterday evening, and the frequency of breakout entry opportunities increased, but price has remained relatively flat for the early morning session out of Asia. Those who tagged along last week will know we have had some difficulty with our take profits over the last week or so. Not difficulty in the sense that we haven’t been able to get in and out profitably, but that because....
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The Bollinger Band shows the Bitcoin price might see a spike in volatility, similar to 2016’s post-having cycle. For the first time since 2016, the Bollinger Band width of Bitcoin (BTC) dropped below 0.95. The Bollinger Band is a widely utilized technical indicator that evaluates the volatility trend of an asset. It might signify that a huge volatility spike is imminent.The price of Bitcoin has been relatively stable from 2019 to 2020. BTC mostly ranged in between $6,000 and $12,000, apart from March when it plummeted below $3,600.The monthly Bitcoin price chart with Bollinger Band.....
Here's a look at what we are focusing on in the bitcoin price this evening. So that is another day out of the way, and it has been a pretty interesting one as far as volatility is concerned in the bitcoin price. When we kicked off the session this morning, we noted that action over the weekend had been relatively flat, And that we were hoping for a spike early in the session in order to get things moving again. As it turned out, we did get the volume spike, but it pushed price down, and we ended up trading lower than we were when we first started the session. This isn’t a bad thing for our....
Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […]
Last week, Litecoin price saw a spike down from around the 1.60 area down to parity (1.00), which is a new low on the year. The 1H chart shows that after the spike price essentially rebounded back to 1.60 but started drifting lower again. Litecoin (LTCUSD) 1H Chart April 13. Overall, the price action in litecoin has remained the same - bearish with low volatility. 1) The 200-, 100-, and 50-hour SMAs are sloping down and in bearish alignment, with price trading under all 3. 2) The RSI has held under 60 after tagging 30, reflecting maintenance of the bearish momentum. When there is a spike....
Here's a look at what we are focusing on in the bitcoin price this morning. So the end of the week is here, and it’s time to take a penultimate look at the bitcoin price market before we kick off the weekend. Price has been pretty volatile across the last few days, and with this volatility has come plenty of opportunity to get in and out of the markets according to our intraday strategy. Overnight last night, however, things settled down a little, and we are heading into today’s European session on some relatively low volume. This doesn’t mean there’s nothing to go at – we saw a spike a....