Bitcoin Price Watch; More Upside Action!

Here’s a look at what we are focusing on in the bitcoin price this morning.
It is now Tuesday morning, and once again, we have had an excellent night’s worth of trading in the bitcoin price. Things initially looked a little flat as we headed into the late US session; but after a bit of Asian volume mixed into the equation, price broke out to the upside, and we saw that the bitcoin price hit its highest level in months, trading just shy of 740 and correcting only a few dollars post-highs. This bodes well for today’s session, and we are looking forward to getting in and out of the markets, according to our intraday strategy as volatility continues to dominate.

This post was published at NewsBTC on November 1st, 2016.