Bitcoin Price Watch; A Volatile Week Ahead?

Here’s a look at what we are focusing on in the bitcoin price this morning.
So it’s the start of a fresh week, and action over the weekend in the bitcoin price was pretty interesting. We’ve seen what amounts to pretty much sideways trading over the last week or so, and we were hoping that this sideways action would translate to some volatility once it unwound. As things turned out, that’s what happened. We saw a pretty steady decline into Friday evening, and then price rose a little throughout Saturday. Then, early Sunday morning, price jumped, and then did the same late Sunday evening. Not massively, but on the intraday charts (like the one we are watching today) enough to generate a decent profit on some high volume scalps.

This post was published at NewsBTC