Bitcoin Price Watch; The Week Ahead

It’s the start of a fresh week, and the weekend just gone has been a bit of an anomaly when compared to the last couple of months’ worth of action. Often, we will see a large, distinct, and usually sustained, price move.  Across the weekends just gone, however, price has remained relatively flat. What this means for the week going forward – as yet that she was unclear, but chances are we will see a bit of movement as volume returns to the market. So, and as we head into a fresh with straight, what levels that we’re focusing on in the bitcoin price, and where will we look to get in and out the markets as price matures? As ever, take a quick look at the chart below to get an idea of the range in question. It is a 15-minute candlestick chart representing the last 24 hours’ worth of action in the bitcoin price.

Screen Shot 2016-05-09 at 10.15.51

Screen Shot 2016-05-09 at 10.15.51

As the chart shows, the range we are looking at for today is defined by support to the downside at 453

Read more ... source: TheBitcoinNews