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Topic: [2016-06-21]Bitcoin Price Watch; Riding the Volatility (Read 233 times)

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Bitcoin Price Watch; Riding the Volatility

One of the core concepts behind our approach to the recent volatility in the bitcoin price markets across the last week or so has been caution. The gains seen (primarily early to mid last week, but also over the weekend to some degree) have come around on the back of speculative volume, and as always, speculative volume must – at some point – fold into profit taking. The tough thing is knowing when a correction is just a correction, and when it’s the beginning of a wider market turnaround...

http://www.newsbtc.com/2016/06/21/bitcoin-price-watch-riding-volatility/
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