BTC 'likely' to repeat Q4 2020 move — 5 things to watch in Bitcoin this week

Here is what we are looking to trade in the bitcoin price for this morning's session out of Europe It’s time to put together the first of our twice daily bitcoin price watch pieces, and in what looks to be a stark contrast to the action we saw over the last week or so, things have been pretty flat overnight. Price reached highs of a little over $725 across the major exchanges early this week (as most reading will already be aware) but has since corrected to where it currently trades, circa 670-680, and looks as though it might maintain this level for a sustained period going forward.....

Here's a look at what we are focusing on in the bitcoin price this morning. In last night’s bitcoin price watch analysis, we took a look at what had happened throughout the day, and noted that the way price was moving made it pretty tough to maintain a steady strategy during the latter half of the week. Not that we haven’t been able to draw profits from the market – things have been pretty good to us – but that being able to keep things tight from a risk management perspective is a little harder than normal. Anyway, for the final day of the week, we’re going to shuffle things around a....

Here are the levels to watch in today's bitcoin price in order to draw a profit from any volatility across the European session. In yesterday’s analysis, we commented on the relatively slow week we had seen in the bitcoin price last week, and noted that – in response to the little bit of volatility we saw over the weekend – we expected some decent momentum to come our way during Monday’s session. As things turned out, we did see some momentum; not quite as dramatic as we’d hoped for, but momentum nonetheless, and we managed to get in and out of the markets for a quick profit on the....

Here's what we are looking at as we head into the weekend in the bitcoin price market. Its that time again, the end of the week, and time to put forward the framework with which we are going to approach the weekend in the bitcoin price. Things have been relatively inactive to day so far, but we did get in a short trade on a break of support a little earlier on this afternoon. Unfortunately, the trade didn’t work out, and price returned to trade within range shortly after we entered the position and – in doing so – took us out for a stop loss hit. As we mentioned this morning, however, the....

Here's how we are shifting our range to take advantage of some intrarange action in the bitcoin price today. It’s Wednesday, and we can safely say that action in the bitcoin price, at leas on an intraday basis, has been nothing special so far this week. Things have remained relatively flat on very little fundamental updates, and a solid lack of catalysts has rendered our breakout strategy pretty ineffective. In order to take a profit from the market according to our strategy, we need two things. The first, a break in either direct, and a close above of below the level we slate as the one....