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Bitcoin Price Watch; Trading The Dip

Anybody that caught our bitcoin price analysis this morning will know that we were hoping for an upside breakout during the European session today. We were entering the day on the back of a pretty solid upside run and – subsequent to the run – we saw something of a period of consolidation. These periods generally represent a sort of market rebalancing and, in turn, often present an opportunity

Bitcoin Price Watch; Here’s What Happens Now

In this morning’s bitcoin price analysis, we tried to urge our readers to take a step back and consider the wider picture for bitcoin right now. Sure, the bitcoin price is falling on the back of some pretty negative fundamental developments out of China but there is only so much that the Chinese government can do to beat price down and this limits the downside risk on any position held long-ter

Bitcoin Price Watch; Stay Strong!

So, it’s Friday morning and it’s time to put together our first bitcoin price analysis of the day. We are doing so under pretty extreme circumstances. Action overnight brought price to trade just above the $3000 level and it is in and around this level that we find ourselves right now and from which we must set up some key levels that we can carry forward into the session.The driver behind the