Bitcoin Price Watch; A Fresh Week Of Trading Awaits…
Here's a look at what we are focusing on in the bitcoin price this morning. Okay then, let’s get things kicked off for a fresh week in the bitcoin price. Before we get started, it’s worth recapping quickly for those fresh to our strategy what happened recent term, and how this impacts current price. Basically, price gained towards 1300 into the end of December, and then throughout early to mid January, seemed to give back the vast majority of these gains and collapse back down to the 700 region. Since then, a long period of consolidation (just shy of a week) and then some step up gains....
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Here's what we are looking at for today's bitcoin trading session out of Europe. So it’s taken a little longer than we’d hoped or expected, but we have finally broken through long term resistance and psychologically significant 400 flat in the bitcoin price. A run through the level as the Asian markets opened for a fresh week (Sunday evening GMT) brought fresh highs just shy of 410 flat, before correcting a touch to bring is to trade at current levels – circa 403. As we noted at the end of last week, action had been pretty rough on all of our approaches throughout the week. We tried....
Here's what we are focusing on this week for our intraday strategy in the bitcoin price. It’s Monday morning, and we have got a fresh week of trading ahead of us in the bitcoin price. Last week gave us plenty to discuss, with volatility carrying price through to fresh highs on a number of occasions, but action over the weekend has settled down a little bit. From reaching highs of nearly 780 on Saturday night, price corrected to an intraday close at around 730, and has since traded sideways to current levels. So, with this said, and as we head into today’s European session, where are we....
Here’s what we are looking at as we head a fresh day's trading in the bitcoin price market. Across pretty much the entirety of yesterday’s session in the bitcoin price, we saw an upside run. Marred by the odd correction, this run brought price to trade at what amounted to fresh weekly highs just ahead of 665, shortly before the day drew to a close. This is, of course, still quite a long way off the highs that came about last week, so this means two things. First, that there is still plenty of room to the upside if volume can hold price up for another sustained run. Second, that if we get....
Here's a look at what we are focusing on in the bitcoin price this morning. 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 weeks’ worth of action. Often, we will see a large, distinct, and usually sustained, price move, and given the action we saw last week, we expected this to continue as a trend. Across the weekends just gone, however, price has remained relatively flat. What this means for the week going forward is unclear, but chances are we will see a bit of movement as volume returns to the market. So, and as....
Here's what we are looking at in the bitcoin price for today's session. We are right at the beginning of a fresh week’s worth of trading in the bitcoin price, and it’s looking like we might get some interesting action going forward. Volume was pretty low across the weekend, but we still saw some volatility, and were able to get in and out of the markets according to our intraday strategy and draw a profit from the action. Ahead of this morning’s open, the bitcoin price gained to fresh highs just shy of 422 before correcting to close the gap on the gains we saw at the beginning of the....