26-04-2017
07:02 am
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Author: Samuel Rae

Samuel is a currency trader, author and contributor to a number of the leading forex market publications including Futures Magazine, FX Trader Magazine and Spreadbet Magazine. He is a an avid bitcoin enthusiast with a real interest in how cryptocurrencies are likely to affect global economics in the future.

Bitcoin Price Watch; Here Are The Levels To Watch For Tonight No Comments

So that is Tuesday out of the way from a European perspective, and the bitcoin price continues to be good to us. We're going to stick with our long term bullish bias, meaning we'll be a little more aggressive in our long term trades than we will be in our short term positions, and see where things go. Normally we take a quick look at what happened during the day in this section of our analysis,...


Bitcoin Price Watch; Here’s What’s Next… No Comments

And we're off on another day in our bitcoin price trading adventures, and things are really starting to heat up. We started out in and around the 1150 level just a couple of weeks ago, and things we're really on the fence as far as a bias was concerned. Price could have dropped below 1100 and signaled a longer term bearish bias. Alternatively, it could have run and broke the 1200 mark, and got us ...


Bitcoin Price Watch; Here Are Tonight’s Breakout Levels No Comments

We're now closing in on the end of the session out of Europe, and thing have settled down a little bit in the bitcoin price. Over the weekend, and throughout the early session, we saw a bit of up and down action as what looked like market rebalancing took place. We managed to jump in and out of the markets a couple of times, and this has led to a few quick profits, but nothing really in the way of...


Bitcoin Price Watch; Volatility Ahead? No Comments

And we're off on another week's worth of trading in the bitcoin price. Things have been pretty volatile over the last ten days or so, and we've seen a number of major moves in bitcoin that say a lot about what's happening in the space from a fundamental perspective. After the overarching negative sentiment that seemed to hit the markets in the wake of the ongoing hard fork discussion, there was a ...


Bitcoin Price Watch; Closing Out The Week On A High No Comments

Right then. Here we go on our final analysis of the week, and it's going to be a pretty interesting one. The bitcoin price has given us lots to discuss this week, having initially started out relatively flat but – as the week matured – boosting to break the 1300 level that we’ve had in our sights for a while. This breaking validated a longer term bullish bias, and we noted in this morning's ...


Bitcoin Price Watch; 1300 Broken – We Called It! No Comments

So that's the big one broken. We've been looking for a 1300 test for the past few weeks (although we've also been slightly quiet about our intentions to trade it as and when it gets hit so as not to jinx the play), and we thought we might have to wait until volume picked up again early next week before it came. As things have turned out, that's not the case. Price broke clean through 1300 ea...


Bitcoin Price Watch; 1300 Just Around The Corner! No Comments

Another day done in our bitcoin price trading efforts is drawing to a close, and it's been one that has been pretty good to us. We noted in our coverage this morning that the bitcoin price seemed to be settling down a bit, and that we we're expecting some degree of sideways trading today, as price ranged into a consolidation period. We set up a range that was capable of taking advantage of brea...


Bitcoin Price Watch; Riding Out The End Of The Week No Comments

OK then, let's get things kicked off for the day out of Europe. After what was a pretty exciting start to the week, things seem to have settled down a little bit as we head into the later stages. The bitcoin price has spent the last couple of days ranging between the 1240-1270 range, and while we've seen the odd breakout from this range on the shorter, intraday timeframe, we've not been able to ge...


Bitcoin Price Watch; Trading The US Session No Comments

Another day, another bitcoin price action derived dollar. As we said this morning, action in the bitcoin price has been pretty good to us over the last few days, and we've been fortunate enough to get a little bit more of the same today. Well, not exactly, but close enough for rock and roll. We didn't get the sustained momentum run we were hoping for, and we haven’t yet seen price break the 1300...


Bitcoin Price Watch; Here’s What’s On This Morning No Comments

And we're off on another day's worth of trading in the bitcoin space. Things have been pretty good to us this week so far. There have been plenty of opportunities to get in and out of the markets according to the rules of our intraday strategy, and with these opportunities have come a few decent trades. Those who follow our analysis regularly will know that our strategy is set up to be adaptable t...


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