Bitcoin Price Watch; Riding The Price Waves

We have come to the end of another week in our bitcoin price trading efforts and it is time to put together some levels with which we can get ahead of the markets during the early morning session out of Europe on Friday.

Things have been pretty interesting this week.

We have seen some up and down action and – towards the end of the week – a reversal of the correction that we saw on the overarching upside bias that dominated across the last couple of months. Overnight last night, price did take a dip, and – while we said yesterday evening that we thought the correction had probably come to an end – chances are we are going to see this sort of jagged action temporarily as markets rebalance. As long as the troughs and dips come at us with a reasonable amount of sustained momentum, it doesn’t really matter. We can get in and out as and when price turns around, trade breakouts, and profit from the volatility. If things get choppy, we will have to bring our intrarange strategy to the table, but for now, we’re going to stick with breakout only.

Read more here: http://www.newsbtc.com/2017/06/23/45119/