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Topic: [2016-05-25]Bitcoin Price Watch; More Upside to Come? (Read 265 times)

full member
Activity: 131
Merit: 100
Bitcoin block size to cut in 2 months should give upside!
legendary
Activity: 1596
Merit: 1027
Bitcoin Price Watch; More Upside to Come?

It’s been a good few weeks since we have had some long-term sustained upside momentum in the bitcoin price. Action this month so far seems to have been relatively choppy, and our breakout strategy – whilst somewhat effective – has given us a bit of a hard time. A few stop loss hits here and there have affected our end of week bottom line, and we have had to resort to both our intrarange approach and a scalp strategy when action has been flat. This week, however, we have seen just the type of action we like when it comes to the smooth application of our breakout approach in the bitcoin price markets...

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