Bitcoin Price Watch; Heading Into The Weekend!

So it’s time to draw our bitcoin price watch analysis to a close for the week. Things have been ok today, and we managed to get in and out of the markets on a couple of occasions for a quick profit. When we first kicked off today, we were a bit concerned about our risk management profile. So long as our risk stayed on form, things would be ok for a net profit going in to the weekend. This has been a bit tough with tight choppy action, as we try and set up a tight risk management profile but still leave a bit of space for some maneuverability.

Anyway, that’s old news now. Things worked out ok, and we’re ready to move forward into our final session. It’s the evening session out of the US, and then we’ve got a bit of Asian morning action heading into the weekend.

So, as ever, take a look at the chart below to get an idea of our key levels, and have a look at what happened for today’s session on the intraday charts.



As the chart shows, the

Read more ... source: TheBitcoinNews