Bitcoin Forum

Bitcoin => Press => Topic started by: BTCBinary on October 06, 2016, 08:16:46 PM



Title: [2016-10-06]Bitcoin Price Watch; Riding Out The Storm
Post by: BTCBinary on October 06, 2016, 08:16:46 PM
Bitcoin Price Watch; Riding Out The Storm

So we are now closing in on the end of the week, and we’ve managed to eek out a couple of good entries, and, in turn, a couple of nice profits on action in the bitcoin price. Things haven’t been exactly at we’d have liked, however. Action has been a little flat, and when we don’t get much volatility, it translates to some difficult trading conditions. Specifically, we often see lots of choppy action, and this choppy action makes it tough to place risk parameters without being overly lenient in an attempt to avoid a chop out on a bias reversal. To make matters even more awkward, when...

http://www.newsbtc.com/2016/10/06/bitcoin-price-watch-riding-storm/