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Topic: [2016-10-05]Bitcoin Price Watch; Switching Things Up A Bit (Read 285 times)

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Bitcoin Price Watch; Switching Things Up A Bit

When we get action like this, all we can really do is sit and wait, maybe dabble with an attempt at a fundamental bias for a bit of variety. The thing is, you only really realize it when you pull out of the intraday charts a little, but despite everything that’s going on as part of the underlying framework in the bitcoin space, its flagship – price – is not really up to much. Take a look at the dailies, and you’ll basically see no action of note before the beginning of September. Sure, price spiked down mid to late month, but it recovered, and 600 ± 10 seems to be an inescapable range right now...

http://www.newsbtc.com/2016/10/05/35847/
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