So that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same.
Price action today has been pretty flat, and a false breakout here and there on the intraday charts aside, we’ve not really had that much to go at.
We often see some sharp action over the weekend, however, so as the US session draws to a close tonight, and as the Asian session opens on Saturday morning, we’ll likely see some volatility.
With this in mind, what are the levels we are focusing on in the bitcoin price going forward, and where will we look to get in and out of the markets on any action? As ever, get a quick look at the chart below to get an