Bitcoin Price Watch; A Fresh Session’s Trading
Here's what we are focusing on in the bitcoin price as we head into the penultimate session of the week. It’s taken a few days, but we finally got some decent momentum in the bitcoin price – momentum that we were able to get in on and draw a profit from the markets overnight. Action throughout the majority of the week left us in a position where we had to try and draw some intrarange profits from sideways action, but that didn’t really materialize. We’ve got one full European session left before we head into the weekend, and with any luck, the volatility we saw overnight will filter....
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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 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....
Yesterday afternoon, shortly before the markets closed in the UK, we published our bitcoin price watch piece highlighting the levels we would be keeping an eye on in the BTCUSD as the bitcoin price matured overnight. We've seen some considerable movement throughout this maturity, and our parameters - in terms of levels to watch - have changed. With this said, what happened overnight, and what will action around particular levels tells about a potential intraday bias as we head into a fresh day of trading? Take a quick look at the chart. As you can see, action in the bitcoin price overnight....
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....
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....