In this morning’s bitcoin price watch piece, we discussed the effect that the Christmas season has on financial assets. For those that missed it, we noted that due to a lack of trading volume, we might get a few spikes as we head into the New Year. Action has now matured throughout the session, and our predictions came in as expected. Price broke out to the upside on some pretty light volume, and we head into tonight’s Asian session having carved out fresh weekly highs today. So, with all this taken into consideration, what are we looking to trade this evening, and where has action in the bitcoin price focused our attention? Get a quick look at the chart to see our predefined range.
read the full article http://www.newsbtc.com/2015/12/29/bitcoin-price-watch-heres-whats-on-2/