Bitcoin Price Watch; Ultra Tight Scalps

Here’s a look at what we are focusing on in the bitcoin price this morning.
We are closing in on the end of the week, and it’s been pretty eventful period as far as trading the bitcoin price is concerned. With ups and downs, and also some pretty decent breakouts, there’s been plenty of opportunity to get in and out the markets according to (primarily) our scalp strategy. Intrarange has been a bit weak, but mainly because the bounces and corrections haven’t been particularly consistent. Anyway, that’s all in the past. We’re going to take a look at how we can set up against the markets during today’s European session, and see if we can’t get in and out for a profit on any volatility. So, with that said, and in anticipation of today’s European session, here’s what’s important. Take a quick look at the chart before we get started as ever to get familiar with the levels in focus. It is a five-minute chart showing the last 24 hours whether action, and our range in focus is overlaid in green.

This post was published at NewsBTC