Tag: btcusd

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 ...


Bitcoin Price Watch; Keeping Cool As Things Recover No Comments

So it hasn't been perfect and hasn't happened quite as quickly as we might have hoped, but the bitcoin price now looking like it's starting to pick up some upside traction. At the end of last week, with a number of disappointing fundamental developments weighing on price, we went entirely sure when the correction was going to end when we would either see some consolidated action – eventually –...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD To Struggle Above $4000 No Comments

Key Points Bitcoin price after a nasty decline towards the $2965 level against the US Dollar found support. There are two major bearish trend lines forming with resistance near $3900-4000 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair might struggle to move back above the $4000 level considering the current market sentiment. Bitcoin price declined sharply below $...


Bitcoin Price Watch; Here’s What Happens Now No Comments

In this morning's bitcoin price analysis, we tried to urge our readers to take a step back and consider the wider picture for bitcoin right now. Sure, the bitcoin price is falling on the back of some pretty negative fundamental developments out of China but there is only so much that the Chinese government can do to beat price down and this limits the downside risk on any position held long-term....


Bitcoin Price Watch; Stay Strong! No Comments

So, it's Friday morning and it's time to put together our first bitcoin price analysis of the day. We are doing so under pretty extreme circumstances. Action overnight brought price to trade just above the $3000 level and it is in and around this level that we find ourselves right now and from which we must set up some key levels that we can carry forward into the session. The driver behind the...


Bitcoin Price Watch; End Of The Line For The Correction? No Comments

SO that is another day of trading complete in our bitcoin price trading efforts and – once again – we've got plenty to discuss heading into the US session this evening. Price didn’t have a great overnight session last night and – in this morning's coverage – we noted that the current action was a corrective response to the run that dominated the last few months. Basically, markets were l...


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

Anybody that is relatively new to the bitcoin space, as undoubtedly a large number of those reading are, given recent upswing in news media coverage, will be looking at the recent price action and panicking. Especially, if they are holding bitcoin and, even more so, if they bought in above $4000 apiece. It's at these times, however, that bitcoin holders need to have the exact opposite attitude. ...


Bitcoin Price Watch; Here’s Our Take On The Day’s Action No Comments

That's another session done out of Europe in our bitcoin price trading efforts and what else can we say other than what a day! Things are moving incredibly fast right now and it's getting tough to stay on top of the market from a fundamental perspective. Price is being pushed all over the place by a variety of fundamental inputs, the vast majority of which are weighing down on sentiment, and this ...


Bitcoin Price Watch; Trading The Overnight Fallout No Comments

It's Wednesday morning and what a 24 hours we've had with the bitcoin price. In last night's analysis we set up some levels that we thought might be relevant as far as executing on a short term breakout strategy was concerned and left ahead of the US evening session with a pretty bullish outlook on what was to come. We left our desks, had our buy orders in place and shut down for the evening. ...


SUBSCRIBE TO OUR NEWSLETTER