25 Feb '16, 5pm

Bitcoin Price Watch; Scalp Strategy in Play Tonight

Bitcoin Price Watch; Scalp Strategy in Play Tonight

Earlier on this morning, in our twice daily bitcoin price watch piece, we noted that after the rough and tumble week we’ve seen, we may see some sideways action throughout today’s session. We hoped it wouldn’t be the case (breakout trading is far more exciting than sitting flat in the markets) but we’re net black on the week so far and we wouldn’t want to jeopardize that with some recklessness, so we’d accept the sideways action if it came about. As things have turned out, that’s exactly what happened. After us having noted this morning’s key levels, the bitcoin price has remained pretty much flat, trading within a four or five-dollar range and giving us entries on neither the breakout or the intrarange side of things. As a result, and to take into consideration the latest action, we are going to tighten things up a little bit this evening. Why? Because it increases the ch...

Full article: http://thebitcoinpro.com/bitcoin-price-watch-scalp-strate...

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