Bitcoin Price Watch; Politics Dominates Sentiment, But There’s Still Some Playable Action

Here’s a look at what we are focusing on in the bitcoin price this morning.
We are a couple of days into a fresh week, and we have seen plenty of volatility so far in the bitcoin price based on Monday Europe/US and Asian session Tuesday morning action. With any luck, we will see a continuation of this action as we head into today’s European session, and can pull a profit from the market on the back of any breakouts or intrarange volatility that plays out.
So, with this said, let’s take a look at what we’re focusing on in the bitcoin price for today, and see where we can get in and out of the markets according to our intraday strategy (or technically, strategies) to that aim. As ever, take a look at the chart below to get an idea of our levels in focus. It is a five-minute chart, showing the last 12 hours’ worth of action in the bitcoin price.

This post was published at NewsBTC on November 8, 2016.

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