Category: Bitcoin Analysis

Bitcoin Price Watch; Here’s What’s On Tonight No Comments

Things are finally moving in the right direction. During the session today, the bitcoin price rose from somewhere in the region of $3700 late morning out of Europe to just shy of $4000 a piece at current pricing, shortly before the close of the European session on Monday. If this momentum continues we will almost certainly see a breaching of the $4000 threshold that has proven pretty resilient ...


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

So we're off on a fresh week of trading in the bitcoin space and it looks as though it's going to be a pretty interesting one. Price over the weekend gave us plenty of volatility and the question everyone is asking right now is whether the volatility is going to continue or whether we're going to get some degree of reprieve. The answer, of course, is that we just don't know. With any luck, we'l...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – Can BTC/USD Break This? No Comments

Key Points Bitcoin price has started a recovery from the $2965 low against the US Dollar and already moved above $3500. There is a monster bearish trend line with resistance near $3850 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair has to break the 43850-4000 resistance to gain momentum in the near term. Bitcoin price is recovering above $3500 against the US Doll...


Bitcoin Price Watch; Trading The Crossover No Comments

The European session is about to draw to a close and, with it, our European efforts in the bitcoin price for the week. As we noted this morning, it has been a pretty wild week as far as volatility is concerned. Price served up plenty of entry opportunities, especially towards the end of the, and we were able to take advantage of a number of shifts in capitalization both during the European and US ...


Bitcoin Price Watch; Profiting Into The Close Of The Week No Comments

So that is another week pretty much done in our bitcoin price trading efforts and it has been a pretty volatile one. When price started to appreciate early on in the week, it looked as though we might be in for a longer-term recovery in the space. However, as the week matured, news out of China continued to put down side pressure on price and bitcoin hasn't really been able to recover overnight on...


Bitcoin Price Watch; Not What We Wanted But Not All Bad No Comments

It is now Thursday evening and we have come to the end of the European session in our bitcoin price trading efforts. In this morning's analysis, we discussed our hope that we would seek some degree long-term upside revaluation in the bitcoin price, ideally, this revaluation kickoff with a breakout at or near one of our predefined entry points. Turns out, we didn't get what we wanted. Well, n...


Bitcoin Price Watch; Using Intraday To Full Effect No Comments

So we’re about to kick off the session on Thursday out of Europe and it’s already looking as though we might be in for some volatility. Things got pretty rough overnight from an intranet trading perspective, with price jumping in and around the 4000 mark, fluctuating between control by the bulls and the bears. Exactly how this battle is going to materialize throughout the session today is uncl...


Bitcoin Price Watch; Here’s What We’re Looking At Tonight No Comments

Wednesday has been a bit of a strange day in the bitcoin space so far. We are about to call time on the European session and the bitcoin price has spent the last hour or so in a phase of what looks like steady appreciation. This run, however, comes on the back of what was a pretty rough decline and – subsequent to the depreciation – a drawn out period of consolidation. Exactly where things go ...


Bitcoin Price Watch; Live Trade! No Comments

OK let's get right to this today. The bitcoin price has just spiked below a key level that we outlined yesterday evening as being one to watch and returned to trade back within range on the one-minute charts. This is a perfect setup for two types of trades – one that falls nicely within our standard approach and another that we don't often go at with our intraday strategy but that works nicely w...


Bitcoin Price Watch; Here’s What’s On Tonight No Comments

So that is another day complete in our bitcoin price trading efforts and – once again – we have had a pretty interesting time during the European session. Anybody who caught this morning's coverage will know that we were looking for price to breakout and maintain something of a solid run towards the upside – be that sharp or flat, it didn't really matter to us. So long as things kept moving ...


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