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Topic: [2016-10-11]Bitcoin Price Watch; Upside Volatility In Control! (Read 305 times)

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Bitcoin Price Watch; Upside Volatility In Control!

It is Tuesday morning, and the European markets are about to kick off for the day. As usual, head of the markets, here is a look at how the bitcoin price is open, and how we are going to use this movement to create a strategy for today’s session. First, then, let’s have a quick look at overnight action.

The first thing worth noting is that we finally saw some upside momentum in price last night. For the past couple of months, Christ has pretty much stayed constrained within a tight range of between the very high 500s and the very low 600s. This has limited our trading opportunities somewhat, and has been a little bit frustrating for an intraday perspective. Last night, however, we got a sharp upside...

http://www.newsbtc.com/2016/10/11/bitcoin-price-watch-upside-volatility-control/

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