Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big ...
Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last 24 hours. Crypto Assets See Some Upside Price Action Crypto supporters are pleased on Wednesday as digital currency markets are climbing again and a great number of assets have seen significant gains. The leading cryptocurrency, in terms of market valuation, bitcoin (BTC) is up 5.5% today and is....
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Here's a look at what we are focusing on in the bitcoin price this morning. It’s time to take a look at the bitcoin price markets this Wednesday morning, and see if we can’t pick a profit from the action throughout the day. Yesterday was totally flat from a volatility perspective – price ranged pretty much all day between some tight parameters, and we didn’t get the opportunity to get into the markets for an intrarange of a breakout position. We tightened things up a little last night, bringing our range to a few dollars and going at price with a scalp strategy. We managed to get in and....
Here's a look at what we are focusing on in the bitcoin price this morning. It is Tuesday morning, and time to take a look at the bitcoin price for the first time today. Action overnight was pretty weak, as it has been for the majority of the last few days, and we didn’t really get any opportunity to get in and out the markets as we would have liked. This doesn’t mean that we aren’t going to see any action today, but it may weaken our key levels purely because we haven’t had any recent breakouts. As has been pretty standard so far this week, we are going to stick with a really tight range,....
Bitcoin’s price action has calmed after a strong move lower on the news of the CFTC charging BitMEX and President Trump catching the disease spreading across the globe. The cryptocurrency is currently trading in a tight $30 range, indicating that investors are indecisive. Bitcoin Enters Tight Range as Market Is Indecisive As noted by a top Bitcoin analyst, the leading cryptocurrency has been trading in a $30-50 range over the past few days as investors […]
Bitcoin broke through resistance finding a new price level on February 7 and has continued its upward trend. Traders and speculators are still hoping the digital asset’s value will once again break the all-time high (ATH) of US$1,155. Bitcoin’s price had consolidated during the end of last week but now is pushing above the $1,045 range. Meanwhile, the....
Yesterday afternoon we got an upside break in the bitcoin price, and on some pretty low volume managed to hold onto the gains overnight. We corrected a little bit earlier this morning, and just as the markets opened in Europe, we got another kick, and have since traded between a pretty tight consolidatory range. This tight range has given us something to play with during today’s session, but there’s not much room for manoeuvre, so our intrarange is out of the window. This said, breakout should work nicely, so lets look at implementing a scalp strategy on today’s key levels, and try to....